There is a high probability, that the DOW has finished this CYCLE wave 5 (red)!
During the last 30 years, the possible historical calculated target for this wave has always been e.g. 1,618 of wave 3 = 26428,07 (as an "Extension5"-pattern).
January 26th's CLOSE at 26616,71 (=1,621) has been the highest HIGH, before the market turned. Since then, DOW is in some sort of sidewards reaction, which will probably go on for a while...
This is, why I don't see any new highs for the very near future.