At bottom of power law corridor but trend still intact
Updated
Even with the bloodbath it is still mostly inside the corridor so the 4 year cycle hasn't been broken.
Note
If this is going to be a big recession then using the midpoint of the corridor as the top, it projects out to 34k by the end of 2021. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.