Oscillator sell signal

An interesting recovery from off the lows yesterday, indicating that the bulls are still wanting to buy the dips.
Can we grind on higher to make the projected peak at 2000?

The oscillator sell signal suggests that the upside is now limited to 1985 or perhaps a stretch to 2000 which may be the surprise for next week?

Expect toppy and choppy though August.

Chart of S&P500 for 11 July 2014

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