A near-term dip in the S&P 500 looks likely, but the stock market is still set up well for the rest of the year.

• Late October is historically a coin-flip stretch for stocks, with a slight lean toward red days.
• If the pullback happens, the index could slide down toward the 7,600 area in early November.
• Once November and December arrive, stocks have historically gone up most of the time in both months.
• The setup points to a brief dip followed by a stronger run into year-end.

Outlook: Expect a possible correction toward 7,600 in early November, then a seasonal rally higher through December.