This, among others, is what makes me doubtful of new DJIA highs. I've singled out the NASDAQ because the divergence is the clearest.
I favor shorting the NASDAQ on intraday rallies because of this clarity. A break of green support to the middle yellow line - the center of the range - would be a sensible expectation, with a return to the lower support line being the 2nd target. All this can take place over the next 3 months without violating my fundamentally outlook. A break above ATH would shift me again.