Often but not always there are definitive moves near the end of a quarter or beginning of another as big institutions adjust their allocations. Consider a few recent incidences:

7/6/2016 hold of Q3Ps for USA main indexes, definitive; along with 7/6 GLD top and 7/8 TLT high both on Q3R1s.

4/5/2016 hold of Q2P on CL1 continuous contract, which has tended (but not always) to give the best technical signals. This was definitive llow for the quarter and led to one of the best rallies in months up to 6/8-9 high.

1/5/2016 high on Q1P on SPY and other USA indexes, then definitive breakdown 1/6-7 below all pivots across the board; along with TLT reclaiming pivots at the same time.

I could go on but you get the point - all these were key dates early in the quarter that set the tone for the next big move. What will it be next?

Basic bullish scenario is USA mains opening above Q4P and/or testing early, then soaring up or holding; as TLT opens below Q4P and continues down; or
Given correlations TLT could continue to lead USA indexes lower (ie interest rates up take market down); or
Safe havens get back in gear and after some shuffle USA mains break Q4Ps.

I don't have a bias here, anything could happen. In general the market has been very strong to be back near highs (and Tech making higher highs) with FOMC and elections looming as threats in Q4 with only a -3% dip for benchmark SPX off the August high to September low. But benchmark INDU looks like it could be a quarterly sell based on highs and RSI, economic data per Citigroup Economic Surprise Index is still weak (ie negative), FOMC is trying to prepare the market for another hike, and politics could be seen as lose-lose here with the reign of an utterly fantastic Obama stock market run soon to be in rear view mirror.