Stock Market At A Major Level

This low volume melt up looks very tired to me. The s&p at 1320-1330 is about as high as it will go in the short run in my opinion. So, here are a few scenarios I see could happen. 1) We stall here and do not go up or down for a while. 2) If we go above 1330, this means a major market change and we could be in for a long term bull market. This could be driven not by w better economy, but by inflation and more QE by the fed. 3) I think this is the most likely next move. If we drop below 1300 we can go much lower fast. So I think in the short term there is a 60% chance we go down, 30% chance we stay flat and a 10% we go up. I have put options on NFLX, PCLN, TXN and CMG.