New Bear Market For Dow 30?

Is a new official bear market on the way? With the recent high close , in May, of 12,807.36 , 20% off of that is 10,245.888 You might want to remember that key support level. Will it be broken tomorrow, Tuesday, the end of the week, or before the next election? We don't know when but we think the odds are better than 50-50 it's coming before the next election.