I have been wondering the same thing myself. Whether there will be a simple rotation between the NYSE and the NAZ. Classic bull market stuff. I am watching the Summations because I think it will be a monumental effort to reverse the $BPCOMPQ. And the move will be well under way by the time it happens. However, I still respect the BP's and actually still expect a correction on the NAZ of around 20% sometime soon. Which occurred with frequency during Bubblemania.
Either way, I'm just trading the ebb and flow and hoping that any position I take will have temporarily removed enough buyers or sellers to make a bit of money for me.