Although the post-Halloween rally failed by inches to surpass early August’s 153^05 peak, it handily surpassed several others, attesting to the robust health of the long-term bull market. The correction begun in June could nonetheless continue for a while longer, but we should continue in any case to watch for the bull’s resurgence, which would be signaled most obviously by a two-day close above the p midpoint of the pattern shown. (Please note that that p could migrate lower if the futures dip beneath the current point C at 149^23.)
