Cash, we need your old spreadsheet here....the one that tells us the state of each cycle and guestimated time for next top and trough.....
I assume if today you see 6-7 day low then the 12-14 day top is what is coming next week and then the 5 week low at end of month.....etc....
I recall something that showed cycles down left side with last top, last bottom, next top and next bottom going across for each cycle.....that would be interesting for all of us to track methinks....
If we are currently 42 points below the recent 2112 high and your larger pullback consists of a 40 - 80 point drop after a new high, can you say that the drop may only come back down to today's level?
My simple TA says the 38.2% retrace of the recent run off the late October low comes in at 2033. There is also a gap down there that needs filling. Do you think down to 2033 is too deep of a retrace for early next week?