So this leaves us with:
1) The market topped where it "should" have
And COMPQ is still right in the middle of no-man's land:
In conclusion, I wish I had better answers at this phase, but that last decline was not at all clear. If someone held some gum to my head and threatened to stick it in my hair if I didn't give a lean (I prefer Big Red -- thanks!), I'd maybe go 50.5% to 49.4% that the market forms at least one more wave down, with the remaining 0.1% assigned to the probability of a world-ending asteroid strike to put us all out of our misery. Trade safe.
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