Today, DOW is about to close at all time high

It has tried several times over last several weeks to do so.

If DOW is able to stay here and close at all time high today, the worst case scenario for SPX (ie, dropping below 6500) can be put on the lowest probability.

Sometimes, DOW could pull back after a new ATH, and that could pull SPX backwards next 1 to 2 weeks. That would be the bottom to go in and buy aggressively. But if DOW keeps going higher next week and push SPX up with it, well, we will continue to see grinding pattern as what we have seen over last few weeks