DislikedThe 78.6% retracement level at around 4059 now becomes important. On a break there watch for a break of 4158. If it holds and stays below these levels we can see a triangle develop (see pic)
Other options are a 3-3-5, flat correction or something complex. Either way a new high will eventually follow and not a trend reversal...
(unless of course it is a leading diagonal, but probability is low however present, thats the risk of trading, darn..).Ignored