The market is going up every day, no much to say~~~… First of all, EMA13 on the SPX weekly chart (see below) has crossed over EMA34, which means a bull market may have started technically. Strong uptrend across all time frames is not weakening at all, today the market almost made a major accumulation day again after last Friday’s consolidation (refer to 7.1.3 Major Accumulation/Distribution Days). Financial sector gapped up and made a high of the year today. Notice that CPC is now 0.76 and the firework setup has been triggered again (refer to 7.3.2 Firework Trading Setup). Keeping in mind the uptrend and basic strategy of buying on (or without) dip, we may also notice that the market is going up on declining volume from last Thursday, and the divergence between VIX and SPX is becoming more severe (refer to 2.0.0 Volatility Index (Daily)). Additionally, there are too many unfilled gaps on the way up, and the negative divergence on SPY intraday charts hasn’t been fixed. If a pullback occurs, it might be quick and ugly. Finally the trading volume between 38.2% retracement 1014 and 61.8% 1229 is very light, eventually the market might quickly penetrate this region and surprise everyone (refer to SPX weekly).
SPX weekly 
SPX hourly
