I'm doubting that last new high now. I revised the SPXEW to show a continuation down with a low at least out to June 9th. stockcharts.com/c-sc/sc?s=%24SPXEW&p=60&st=2016-01-01&en=2017-07-31&i=p57914732087&a=416690378&r=1494631996379&r=1494632066375