Lift to 13246 is expected, The only rationale for daily moves is that "riggers" know what is ahead and try to lift things prior to the bad news or reality. This spins the investment community into a position that favors the Riggers, ahead of next move. I am not real sure what just pushed the NAZ up form 12135. The YTD low is expected to bounce, the 12135 is a Strong Short Target and an insult to any Bear minded trader. QT will be the next real problem, on top of all other current issues. These markets may not see previous ATH's for many months if not 1-2 years. The markets have a Long only bias as most products are "Long Only". This does not help when gaging the sentiment.