Here is an example of how the market reacts to an overextended TD sequential- example on right shows most recent dump on the 12 hour shortly after reaching extended 15 count....the image on the left shows the weekly chart which has not had it's "dump" yet and is on extended 16 count. Just a heads up...it is coming guys, it's inevitable. Will it go right back up quickly or in a week or two, probably yes given the bull market, but don't think we are just gonna keep going straight up without SOME carnage, ;-)