Monday’s trade may have put in the long awaited top to the very long term advancing sequences.  However, I’m not going to “call” the top just yet as it is very important at this stage to receive confirmation of the top via an Elliott 5 wave decline being discernible on the hourly chart.  Thus far the NQ did break to new all time highs today by surpassing resistance at 16660, 16700 and 16750 with the top being 16767.  The NQ did turn lower right off the highs and thus far appears to have completed 3 waves down to the closing low at 16364.  The NQ should put in a slightly stronger bounce than what has already occurred with the hourly 200 MA possibly  being likely candidates for a small 4th wave.  The next leg down should break below 16330, 16229, 16154 with stronger support for the move coming in at 15896.  From the completion point I would expect a bit larger 3- wave bounce higher before the next leg down kicks in.