@chewner, I agree with the parallel but I don't think it's the correct way to apply it, as all (your, mine, everyone's) other 'fractals' have shown by now. Try looking at weekly pivots and horizontal resistances instances, and EMAs for the correction. I think the daily/weekly wicks now can go anywhere between 6800 and 7800 before a correction to around 5300-5600 (next week?), based on these.