The issue is the current look of monthly and quarterly charts on USA main indexes. A lot can happen with the remaining 2 months of the quarter so let's keep to monthlies. Even this will likely change before the close of the bar on 11/30. But right now, we have a problem.
Bulls trapped! Anyone who bought the breakout bar is now scrambling to get out. Now under 2015 monthly close high as well.
All time above 2000 high (red line) FAIL.
Failed new high since September; breaking well under 2015 monthly close high in first few days of November.
2016 high on 2015 monthly close high and wham from there.
Failed new high since October.