The comparison model suggested that volatility would increase and the market would become very choppy as the high forms. The initial dip occurred yesterday which signals the start of this choppy phase.
The model does indicate a slightly higher high in July/August though it should be considered possible that the high is already in place. In any case the model suggests a bounce soon and the high re-tested, and up into mid-July next.
At this pace the flashcrash is due August at the earliest and September at the latest.