help us understand your bull case and show some charts. statements like this have no weight until you prove your point.
Basically, I think it's because people add their own opinions, emotions and expectations while at the same time trying to be technical traders. It's not a good mix. Maybe one should remove the name S&P from the charts along with the price values? I once heard about a trader who did that in his analysis to avoid bias.
For me, last week it seemed going long became more difficult rtm. I get the "Its a Bull market argument". I don't see any targets higher as of yesterday close.