SP500 takes new high. Question now is if channel top at around 1.677 will calm the rally. There is not one person during the last hours on CNBC that are not very bullish. Have not heard anyone saying wait. Just buy and buy no other thoughts. Rising interest rates they will probably talk about after May 31 when the 10 year chart get monthly sell signal, see yesterdays blogs about this.

SP500 2 hr 16:34