Breakout is imminent. Downside catalysts not there. Earnings hype proping ramming over value higher. NFLX and SHAK for example. http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=2&dy=0&id=p54654174641&a=295501208&r=698 http://www.finviz.com/chart.ashx?t=NFLX&ty=c&ta=1&p=d&s=l Pay no attention to that 900 plus PE on a hamburger joint. http://www.finviz.com/chart.ashx?t=SHAK&ty=c&ta=1&p=d&s=l