the trannies topped feb 2015 and did a pretty clear 5 waves down into feb 11
since then they retraced /62 for a wave ii they are getting ready to enter wave iii imo
the dow and sp since feb 2015 made very little upside progress and have been in a trading range
this last wave up in the dow imo is the final leg of the bull market it is about to join the trannies in an impulse wave down
it will be wave iii down on the trannies and wave i down on the dow
i do believe we have one more rally attempt before we put in our final top
just my take