A few chart patterns suggest a break down. The ascending triangle has held true in the past four weeks, and it looks like a head is formed as well. 0.5 retracement may be the upper limit for the near term. Not seeing the expected market reaction from the Initial Jobless Claim report this am, but what expected reactions have we seen in the past four weeks... Or ever. Volume is low and the top of the head hit the upper Bollinger bound. (The slightly diagonal red line is support since 2012.) A flagpole applied to the pennant from head through the right shoulder would seek a test of the 1900s.