I'm still bearish, but I believe price needs to move a little higher before the bears appear. A nice bull trap to break the all time high, before a reversal to the 1800 handle. Calculating the mid point of the wave and using symmetry, the target should be around the 3100 level. Coming from another angle, I used another method to get close to the same result. So the chart shows, both methods have a market top around 3000-3100. I have also drawn in the Elliot waves, which align with the mid point (wave 3). There has been no weekly or monthly sell pivot, and with MACD indicator is confirming a continuation on the recent move up. Price still has more work to be done at higher prices.
I have seen (3) marked as left shoulder in many other shoulders and we are at right shoulder. I personally think this is incorrect and agree with you about the bull trap, it needs to break new high when everyone is so optimistic