I would tend to agree that we're late in this rally...I guess the question will be how much of a retrace will we get? 2040? 2000? Or back to the breakout at 1970ish?
My leaning now is that once it starts to retrace, it might go farther than most think....we'll have to monitor it...for sure.
This is still in the context of a cyclical bull, imo.