I would be shorting the market here. The damage to the market has already been done. We have seen 5 clear waves with a truncated 3rd because the 3rd moved too fast, might have been because of the election. But when the third moves too fast, we find ourselves with a low 5th waves, which has happened. We have touched the golden zone for the last 5 waves which tell me we are going to correct in the 20,000 range, it will probably be fast and bloody, so take pictures while you can!
@ecramer, It looks likely, the .236 looks like it is going to stop us, but it could break through, if it does, this scenario would therefor be invalid.
Thank You