Everything is pointing up. Euphoria is a sweet nectar. We are entering over confidence. Stupid people about to be separated from their money. Case in point Bullish sentiment indicator on Dogs of Dow Sentiment Indicator. Last we heard Bullish is now 68.4% vs 42.6% three months ago. That’s just outright red hot toxic danger.
Not enough for you look at their Neutral indicator 19% vs 405 three months ago. Everyone is piling on. Bears have shrunk to 12.7% vs 17.4%. Over exuberance.
Remember Bulls make money Bears make money Pigs get slaughtered.
Caveat emptor perspective