Update

The November low has been reached as expected, this happens at week 17(average for the 20w cycle is 16-18) the previous two were 16 weeks long, there is possible completed pattern, market breadth is oversold but no divergences - possible bottom but not important one.
SPXEW/DJ/NYSE are showing some sort of impulse lower too...there is room for interpretation and say this is the third wave with 4 and 5 to follow. In this case the third wave is extended so the fifth wave will make just sligthly lower low and will not take much time.
This is the situation - it fits with my expectations for 20w low and bounce higher in April. If this is not the 20w low expect it in the first week of April.

I see corrective mess - flat-Xwave-double zig-zag. Alternate this is shomehow ugly impulse with two more shallow waves for 20w low.

From pure technical analysis point of view it looks like H&S - next is the right shoulder and target for the pattern around 6000

Update

Nothing new to add, more of the same mess up and down. I think the indices should be close to 20w low then we should see something higher into the second half of April for 20w high

Update

More of the same mess, but the price and market breadth turned lower. If you look at other indices like SPXEW,DJ,DAX it is obvious that the top is in and decline has started.

It is difficult to pin point a pattern and the exact path in this mess - the idea is the index is in the middle of the second leg lower which should complete around support the previous low in November.

Adding trend lines and support to the current pace and timing and it looks like this for the next important low early summer June/July.