I disagree...I mean though clearly not a typical S/R that huge volume clearly sucked in a lot of buyers earlier in the week and price trapped above ever since... I think it will take a lot to get back above 1137.5 again, though I could be wrong of course..
Kinda feels to me like when it bounced between 1000 and 1040 for ages last fall, before finally making up its mind to head higher. I think we'll see a ~40 pt range for a while, before heading higher again to 1250, and then correcting big-time. I know, my powers of prediction are awesome