Let me emphasize again that Boeing is THE stock to watch if we want to know for sure whether the bull market is over. Having easily outclimbed AMZN, MSFT, FB and GOOG for the last two years, BA is arguably the number one favorite of portfolio managers.  At Wednesday’s highs, they had extended the stock’s sharp bounce by a little more than $12, effectively recouping 82% of what had been lost in the mini-crash of the previous two days. Even so, bulls are not quite out of the woods. First, we should like to see them close the stock for two consecutive days above the orange line, a midpoint Hidden Pivot at 351.61.  That would make a further rally to the pattern’s 385.53 target no worse than an even-odds bet. Were that to occur, it’s safe to assume the broad averages and many, if not necessarily most, stocks would follow. Rather than try to predict the outcome, we’ll simply wait for BA to tell us what is. Stay tuned for further updates. _______ UPDATE (Feb 8, 5:46 p.m.): The 351.61 midpoint resistance shown in the chart has forcefully repelled bulls, opening a path to as low as 309.53 over the near term. If that Hidden Pivot doesn’t hold, Boeing shares could be in serious trouble for the first time in as long as we can recall._______ UPDATE (Feb 11, 5:04 p.m.): The stock has so far avoided falling to 309.53, but it will still need to push above 351.61 to get out of jeopardy. _______ UPDATE (Feb 12, 6:15 p.m.): The push above 351.61, if and when it comes, has singularly important implications for the stock market as a whole. Click here for an updated chart — and I suggest staying glued to it.