The Indoos’ broad undulations since April have offered little drama, only the sense that those who control the ebb and flow are able to move shares gently higher while consolidating them for a potentially spectacular blowoff.  None of this has altered my 15864 bull-market target, although the narrow failure to achieve that number on the last big push begs the question of why. We’ll look to get short there in any case, albeit with tight stops, but my hunch is that DaBoyz have bigger things in mind.  This would be strongly implied if the current correction, now two weeks old, bottoms near 15000 rather than coming all the way down to the lower channel line (see inset). An impulsive rally thereafter would generate the strongest ‘buy’ signal we’ve seen in a long while, but there’s no point getting interested, let alone excited, until such time as bulls tip their hand.