Wow, this market has been one for the Almanac. This week I read a commentary from a top technician saying the bull market is still intact. It was only 4 months ago that Dow Theory triggered a sell signal. Since October, the $SPX has been making higher highs and higher lows but continues to struggle at this level. Looking at the chart below, most people would have trouble calling this a bull market. It has been up a maximum of 2.84% from the one-year ago reference point and down 9.86%.