So I have us in "green 4"

We're currently correcting the thrust up from 1991 SPX to the 2170 area, where we started that historic sideways move.  

This continued wave 4 will frustrate speculators looking for a big move right now, taking another 6-7 weeks to chew its way, like moths through an old Pendleton shirt, down to the .382 retrace and an important support trendline around 2104.  The overlap from this correction will help us identify a much larger ending-diagonal pattern and expanding wedge that will terminate the ghost of Irving Fisher reflation rally since the 2009 (year) lows.

Real bad stuff will follow, with breathtaking speed.  And why should it not?

SPX topping at last in 2016