Update

If you look at indices like NYSE,DJ,SPXEW,DAX you will see clear decline for the expected 5w low. Sharp move up on Thursday - with very high probability from the 5w low. On the other side this happened on day 9 - in the late stages for the 20d high so the reversal on Friday is not a surprise.
On one side the indices should move up into a 5w high on the other side decline into 20d low. Not sure how it will play out. My best guess at the moment is shown on the chart.