Weekly chart shows downtrend continuation which will most likely hit the 13K area or even. Historical data currently shows that wave 5's bottom has not been in yet and this could come in the next few weeks. Both Stochastic RSI and Parabolic SAR tells us that the trend is still going down, but once the bottom is in, the market may create a short term uptrend then consolidate for a while just to keep the market balanced overtime. This will be a long ride ahead folks. Caveat!