S&P500 'posts' an Outside UP Day.....'good enough'?

S&P500 Daily Close @ 10/25/2012

Tom DeMark says there is '1' more high to had by the S&P500 before we suffer a serious correction (12%).
If THAT is so; then this sell-off should retrace 38% of the gains from the Secondary Lows @ 1309......right here @ 1411+/-.
Yesterday's 'Reversal' goes a long to suggesting as much, though not confirmed though by other 'brethren' indices in the $NYSE & $NDX100.
Overnight Futures 'action' is suggesting this prognosis is too 'early' & likely 'wrong'......but that can all change before the bell rings on the floor of the NYSE.