The fed is not going to undermine the the markets by raising interest rates this election year. The only nose dive has been what your doing to your credibility on this board. JMHO
It's a cycle that returns to lows every year. A 5% decline in the DJIA would be a return to 16,400, hardly worth the time of average Joe retail investors looking for growth and dividends.
While such a decline in the broad market might soften the CTIX run to higher valuation, a minimal cyclical correction would have no impact as a cause for reversal from the current trend between now and the start of the holidays.