if you will look at the daily back to 1/1/2009...it is so heavy...meaning...very hardly to move up...much less even considering getting over 1050...until into 2010...
SP 500 to never hit 1050 again...in 2009...here is why:
Stochs
RSI
CCI
Bollinger bands
MA's
...all show it...
Sell for year end profits trading...
I'm thinking short the ES, buy SPY puts and buy SPX puts...agree, disagree?