Just because a rally stinks to high heaven doesn’t mean it cannot continue higher. But for how long? A few years ago, the correct answer would have been “indefinitely.” Now, however, because NYSE breadth made a dramatic top in May (as predicted definitively by our friend Peter Eliades), we know that bulls are living on borrowed time. For our part, we’ll continue to take the rallies one synthetic leg at a time. Will DaBoyz be able to extend yesterday’s running of the bears for a second straight session? Our first clue may lie in whether they can blow past the 1922.25 Hidden Pivot resistance I’ve proffered in the chat room for the E-Mini S&Ps. For free access to the room if you don’t subscribe, click here for a trial subscription to Rick’ Picks.