if I am not mistaken you were of the opinion that we might get a relatively mild retrenchment to that 1500 (+/- 20) area and another attempt at higher highs.
Could it be that we are in the process of getting a coalescending top of this lower and higher high into one right now, just as we had with the two expected lows last year in October? Or are you not close enough to the market these days to have a clear view?