Current waves in DJI, SPX and even in NASDAQ suggest atleast 5-6% cut from the highs.
DOW & JONES
Upside Target: 10635, Downside Target: 10040
S&P 500
Upside Target: 1138, Downside Target: 1075
NASDAQ
Upside Target: 2318 , Downside Target: 2200
Nifty : Upside Target: 5190 , Downside Target: 4835