Change the monthly pivots to the yearly pivots, and we have nearly the identical situation on the weekly chart. While it is unwise to assume hat R2 will be support all year, for the time being it sure looks like it will be. One thing of note is that the high was nearly exactly equal distance above R2 as R1 is below R2. The may be coincidence, but then again, it may not be.
The market is behaving sort of the way I would expect it to, but this year has been very strange, and boundaries that the market normally respects are being ignored. The market is overdue for a sizable correction, but I don;t think we are going to get it quite yet.
I will have the new highs update shortly.