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1/ Very important mini chart study from the Dragon's den. Near term potential has shifted but BOTH sides, bulls and bears get frustrated. I expected limited downside and the gap at 2940 to eventually fill but it was very fast and straight line. AND it is pushing higher.
2/ After looking over charts, I found a VERY interesting pattern that so far we are repeating exact. I am not expecting new ATH but THIS is plausible via my wave validations as well as other things I will lay out. New ATH may or may not occur but will be minor if they do.
3/ So what is that pattern? Look at what has happened since Jan 2018 to now and compare to what has happened since late July. Lots of detail, read everything in chart. 
4/ Now let's take a closer look at the recent drop from Sept 19 and rally over last 2 days and compare to the drop from Oct 2018 and following rally. Exact.
5/ So, IF we continue, what should we expect? Again, all outlined in detail in the chart. We don't have any potential to surge way higher but a revisit to highs under this is possible. Bulls AND bears get frustrated. Pay attention to the target date at the end.
6/ Here's why I said pay attention to end target date. All goes back to the ABC-X-ABC from 2009 that is playing out. I suspected the corrective completes by this date, but it may only be the last 'b' of B that completes. That means no Dec Santa rally. C drop targets 2600-2650.
7/ That lower channel line is critical and I suspect we still bounce off it when it complete the last B in the ABC-x-ABC pattern. However, we STILL need one more rally, though since this is the terminal C of that ABC-X-ABC, it should be weak. Est complete around Mar-May 2020.
8/ And of course following this, is the expected major crash End of study.
