In recent times Asia and Europe have been destroyed, the US has...

In recent times Asia and Europe have been destroyed, the US has not yet broken down from their descending triangles and we have broken down but have not yet fallen into the abyss.

I have mentioned a couple of times that I believe the bollinger band on the weekly charts is telling us we needed to mark time before a crash....I also said we may at some point retest the bottom of the triangle to burn a bit more time. From where I sit the bottom of the XJO descending triangle is 3960. That would not seem like a very unreasonable target to hit on the upside today. Can we break through that ?? this may give us a clue as to where to next.