Here is a chart you won't see anywhere else, a Monthly S&P chart using an ATR_TrailingStop indicator:
Prices broke below the indicator in December, 2007 and have stayed below it ever since. It will take a Monthly close above 1030 for this indicator to issue a Buy.
Shorter-term, here is the 30-minute chart of the SPX posted earlier today:
It will take a drop beneath 986 to suggest a drive significantly lower has begun.
This may be a far cry from orthodox EW analysis, but my focus is glued to entering Short at the right time to reap the rewards that have been so elusive for the past six months.
You want the bullish case?
Turn on your TV, or call your broker.
They are all over this new bull market.