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Note that in the sum $$=\sum_{S_1=\pm 1}...\sum_{S_N=\pm 1}\langle S_2| T_{_{NN}}^{\dagger}|S_1\rangle\langle S_1| T_{_{NNN}}|S_3\rangle\langle S_3| T_{_{NN}}^{\dagger}| S_2\rangle\langle S_2| T_{_{NNN}}|S_4\rangle...\langle S_1| T_{_{NN}}^{\dagger}|S_N\rangle\langle S_N| T_{_{NNN}}|S_2\rangle$$ every pair $|S_i\rangle\langle S_i|$ occurs twice with some ...