My expectation of a big stock-market rally in the wake of a Coakley loss appears to have been a step behind Wall Street.  Index futures are down slightly at 10:35 p.m., even though Scott Brown has been declared the winner.  It’s a clear case of  “buy the rumor, sell the news,” although I can’t imagine the selling accelerating overnight, since the news itself, with its implication that a do-nothing balance has been restored to Congress, could not possibly be construed by investors as any worse for America than a filibuster-proof Democratic majority.   In any event, the path of least resistance is bound to be higher, which would put in play an 1164.50 rally target. It’s midpoint sibling, a Hidden Pivot resistance at 1145.50, is putting up a fight at the moment, but I doubt that it will be able to resist the bullish tide come morning.