Let’s make DaBoyz push this hoax past 1118.00 (1122.75, basis June) before we jump on the bullish bandwagon.  That number corresponds to a peak along the wall of May’s decline, and a rally that exceeds it would create a sufficiently robust impulse leg on the hourly chart to warrant our bemused attention if not our respect. Keep in mind that the rally would need to be unbroken on the hourly chart from the time it passes the “starting line” represented by twin peaks #1  at 1102.75.