Was just messing around with Ninja Trader 7 beta and made this "obvious trend lines" daily chart. It's a bit harsh on the eyes as I haven't got the chart colours set up to my liking yet but it shows low 4000's isn't out of the question for our market. Also shows the fib area's since this mess started are pretty significant.
Not being bearish, just stating what the chart says to me for the near future.