The market is in almost unbelievably bullish condition, and is starting (and I mean starting), to look like the very beginnings of a blow off top. If so, we may have weeks, or even months, of big moves the upside. That is when it will be in the process of topping. If that scenario is wrong, the other possibility is that we are beginning a secular bull market. If that is the case, then we will see a blow off top in, oh, about 15 years.
I will have the new highs update shortly.