CME_MINI:ES1!   S&P 500 E-mini Futures
Take a look at the first ATHs back in February 2022. The NQ went down almost 7,000 points overall, from ATH to Oct 22. We are i the same kind of market now, new ATH happen all the time. Sooner or later, I can't give you a date, too many factors to calcualte and in the end it is when the Market deides... But, sooner or later we enter the next bearish phase, and we could go down many thousands of NQ points again. Two other ideas to check out are my Idea I called "Sell all new all time hjighs, my long/short strategy". In that idea you can see red arrows above price showing new ATH, but below price you see the selloff after new ATH. We saw this over the weekend and early on monday. The other idea to check out is called ES SPX SPY strong signs of a selloff, in that idea i describe the trtipple thrust elliot wage pattern, a lower high after 3 sets of 5 waves up from 2010 to 2022, that idea was goodd for 5000 points down (7,000 overall -2000). yes later, we have gone higher agaih, but don't dismiss 7000 popints down first. The idea is to sell any and all new ATH's.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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