well, it looked like same on 24/Jan, 7/April, 28/July.... etc.
Might happen, I have bearish feelings about equities too, but sorry to say this analyses is not something you can establish a trade on. My problem is not with the "top hunting" (I do some of the same myself too :-) ) but it looks like an outlier prediction. With these I always have the problem, that they may or may not work. In fact I agree with the real break point at 1925, but c'mon, how could anybody know how the price will move in the future? This is a common problem among traders, that they try to give predictions, and get biased too early. No one, really NO ONE knows what, when and how is going to happen. If anybody trades on believes rather then on system trading signals, that can be harmful.
Yes it looks damn expensive, but we can never know how extreme it gets to. We need to trade what the chart tells us, not what we believe can happen.
So I agree, there are problems not just with the RSI and AAII divergences, but with a lot of other breath indicators too. However if I can have an advise try to be reactive rather than predictive during analyses and trading.
Anyway, I hope it will work for you as well on the short side! Good luck!