Ah, let me refine my point. I'm optimistic that there will be more volatility, which is good for trading, not that the averages will necessarily be higher at the end of the year. In fact, I'm concerned about the economy right now. But, then I'm always concerned about the economy, really.
After looking at that chart by Vess again, we may not have had the correct trigger, as the ratio fell below the 0.65 level several times prior to 21 to 27 consecutive days inside the 0.65 to 1.95 range.
In other words, we may not get the correction the trigger points to.
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