With business headlines in a Q2 earnings wallow, the bullish trajectory of stocks has barely slowed. Notice in the accompanying chart that after stalling at the midpoint resistance for a mere day, the S&Ps have crashed through it and now appear headed with irresistible force toward its ‘D’ sibling at 1703.75. That implies a mere 120-point Dow rally, but my hunch is that the target will not put up much of a fight. Sunday night owls may be the only traders able to catch a ride, since it could well be over — at least temporarily — on whatever gap-up opening DaBoyz are able to engineer Monday morning. _______ UPDATE (July 22, 5:23 p.m. EDT): The futures spent the day screwing the pooch, which is about as bad as it ever gets these days for the broad averages when the news is bad or worse.  The 1703.75 target noted above remains viable nonetheless, and the E-Mini therefore remains bullish from a trading perspective. Camouflageurs should look for opportunities on the 5-minte chart or lower.