The Nasdaq Composite
(IXIC) has an amazingly clear five waves down followed by a very clear "a-b-c" up to an EXACT .786 retrace. Waves "a" and "c" are near equal.
This is a text book Elliott wave
15 minute RSI
Very high probability IXIC will be down on 1/5/17. SPX
also have a high probability of being down.