A/I, since the major indices usually move together, if we get a monthly hammer candle like we have right now on the SPX, would you still feel the same way?
Maybe you're referring to the 1946 SPX Pattern that's got a 95% correlation right now.
However, this article posted by a good buddy of yours seems to show some pretty good evidence why we should be pointed up about 3.5% above yesterday's highs 2-months from now.