I hate to disagree with you, but I say that it won't hit $1320 in this push up. My analysis says this high (either today or within a few days) will be between 1295 to 1305 and after than it will drop VERY QUICKLY down below 1270. So when you see it dive, DON'T PANIC/
After that, the fireworks will begin again. There is a lot more in store yet.