I went through the charts and looked for , both horizontal - ascending/descending with significant confluence. During the late stages of the tech bubble, bulls had a tough time passing the ascending resistance (shown in purple). I extended those lines, because they are once again present.
Cloned rectangles I present also hold significant horizontal .
Right now I suspect a top, but others might disagree. I see the 9700 level in the NYA as a major threshold that will take some time to break. 9700 level held as milestone for both bears and bulls as the horizontal area in 2007. In 2008, 9700 was the throwback top when oil prices reached all-time high, and later the NYA corrected.