Some gurus and permabears have already throw in the towel on the possibility of a meaningful decline during the remainder of the year, but let’s not forget that there are some potentially VERY important Hidden Pivot rally targets just a two-day rally above these levels.  I remain confident not only that they will be reached, but that the futures will correct sharply after making contact.  The price action that follows could conceivably become part of a rolling top that carries into next year, but the chance that a major top is in should not be dismissed.  Here are the targets once again, respectively, for the December and March futures:  1138.50 and 1140.00;  and 1127.25 and 1129.50.