The Indoos could seriously damage bearish hopes and dreams if they continue to push higher on the monthly chart. Notice how a print exceeding 11867 would create a bullish impulse leg of monthly-chart degree.  That’s a mere 308 points, or 2.7%, above current levels.  The blue chip average could get there this year, even at the current pace, but it could do so in just two days if there were just one more robust short-squeeze left before New Year’s.