Elliott wave analysis of DJI - Is the market toasted?

Dow Jones Industrial Index

Are the stock markets toasted?

I'm not sure they have gotten the right amount of heat yet. I'm looking for a move slightly above 16,000 before wave D, of the major expanded triangle, that has been Building since 2000, is finally done.

Short term I'm looking for wave iv Down to 14,355 from where I will be looking for the last rally higher to just above 16,000 to end wave v and major wave D.

If major wave D already has peaked we will see a swift break below support at 14,355 and more importantly a break below the top of wave i at 13,653 pretty soon and if that happens, then this market is clearly toast...