The S&P 500 (SPX) broke out and completed multiple bullish patterns on Thursday, including a "V" bottom with a handle, a continuous inverse head-and-shoulders, and a cup with a handle. Take your pick, they are all bullish -- but do need confirmation by way of some near-term follow-through. Using the SPY chart, we have seen three days of accumulation in the past seven. We also saw three accumulation days on the SPY off the August pullback bottom. As we said previously, based on the size of the bullish formations, the SPX could see a measured move to the 6,000-6,500 region. But when? Timing is always an issue, but with favorable seasonals, we would suspect that range could be hit during the last two months of 2024 and into early 2025. The Nasdaq 100 (QQQ) already had completed a bullish three-wave ABC bottom -- and with Thursday's gap higher, has broken a bearish trendline since the July peak. The index also has seen three accumulation days since the September 6 bottom and a few off the pullback low in August. Based on the size of the ABC pattern, the QQQ could see an initial measured move to the 500 zone, with a secondary target range of 527-549. While there is always a short lag from sentiment, it is interesting th