Let me reiterate this: If lousy Q2 earnings recently announced by some of America’s biggest companies have barely slowed the bullish rampage on Wall Street, then we should prepare for an even more manic rally into autumn. For starters, and irrespective of dismal quarterly reports currently dominating the financial headlines, check out my target for the E-Mini S&Ps in today’s touts. It is a cinch to be reached, but it will be interesting to see whether it is subsequently pulverized. That would confirm my suspicion that much higher prices impend. My longstanding DJIA target at 16800 remains viable as a minimum upside objective, but we shouldn’t presume that even a Hidden Pivot resistance of major degree will long resist the bullish tide.