The bears enjoyed their cycle to the maximum, peak fear is behind us.
Observe your favorite pundits to determine if they have shifted their perception yet. Many have not, Many remain Bearish and are greedily awaiting one more Deep Indiscriminate Sell Off.... they will likely wait forever.
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.
Long SPX = Long Human Innovation and Business Ingenuity!