The market was too strong and missed the opportunity to sink back through the opening in the clouds. But I see a very good possibility of a pull back from 1275 to either 1260 or 1245 before peaking at 1296.
I have targeted 1296 because the forks look out of balance and 1296 is a heavy resistance level . The symmetry is of the fork from 10/27/2011 looks much better after changing the top tine to 1296. And all the forks fall back into balance.
Looks like a break in the clouds.
But if you are a Bear and we push through 1257, be prepared to endure some intense pain as 1296 is the next resistance level of any consequence.