I ran a comparison between last cycle and this one, and if the proportions hold up from the breaking of the ATH, this is what our course could look like.
I also ran a comparison using the old July 2015 peak to January 2017 peak and if that played out it would put us even higher.
I'm also not sure if we should count that first leg up coming to the top of the red circle as a part of the final up-trend or not.