As the following chart clearly shows..for the near term at least, the trend remains UP.
sp'daily3
Summary
It'll probably be relatively quiet this week, there isn't really anything lined up that would make for major moves. That's not to say we can't see see some downside, we sure are due some Yet, on any outlook, even a move to 1380 looks a stretch right now.
As noted many times lately, bears must see sp'1340s to have ANY confidence the short term trend -which started early June, is over.
Good wishes for the trading week
More across the day.