The weekly chart of the S&P 500 offers a compelling case for a melt-up before year’s end to 1905, six percent above current levels.  Notice the very precise stall at the midpoint pivot (red line) on the first attempt to get past it. This not only validates the pattern itself, but also adds to the likelihood that the target will be reached now that the midpoint has been obliterated. Traders should adopt an aggressively bullish stance until the target is reached.  They should also treat a pullback to 1641 (green line) as a gift, since it would offer an excellent opportunity to get long belatedly for a potential last-gasp surge to 1905.