[Update 7:21PM: More on Fibonacci ratios between impulse and corrective can be seen on the TED spread chart. Also C = A pretty much.]
May I remind that on Minor wave 2's is exactly where these divergences occur. In 2007, the NASDAQ topped on SPX and DJIA Minor 2 high.]
Markets are getting closer to this Minor 2 high. Its seems within one gap up thrust of doing so. The 61.8% Fib of the SPX is exactly 1140 SPX. Whether a final thrust up occurs or not is not guaranteed but a move to the upper wedgeline seems doable if there is a gap up tomorrow.
I'll have more charts later.