There are many who would like to believe that yesterday's gain is the beginning of another leg up in the rally that began August 27 (or July 1), and I suppose anything is possible in this crazy market, but after stalling at the April high and median line resistance, the most likely next move is a correction to the lower (magenta) channel line which is now around the August high.
I suspect that we will see a little pullback early next week, more rally around the holiday and possibly into the end of November. Then a break of the September to November channel line will usher in a retest of the April/November lows. Once that level around 1170 to 1173 fails then a quick decline to the August high should follow.
If the correction doesn't continue as outlined above, then we could very see another huge runup into the end of the year. I think this is doubtful now, but this crazy market could do about anything.