A too-familiar Hidden Pivot at 1305.75 remains my minimum upside objective for the near term, and it can be shorted with a stop-loss as tight as you please. However, there is no bullish play from here simply because each marginal upside gain of a point has been followed by a gratuitous feint lower of three points. Some rally. Around 1286.75 is still the place to look if you’re inclined to bottom-fish a swoon.