S&P 500 index gained 1.2% on Friday, following breakout above short-term consolidation. It continued its almost month-long rally, as it extended the yearly advance to 7.5%. Is this an euphoria phase of the bull market? That's how it looks. However, despite some clear technical overbought conditions, there has been no confirmed reversal pattern so far.

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S&P 500 index gained 0.1% on Thursday, as it continued to fluctuate slightly below its Wednesday's new record high. Is this some medium-term topping pattern or just pause before another leg higher? The market awaits economic data, quarterly corporate earnings releases.

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S&P 500 index lost 0.1% on Wednesday, as it continued to fluctuate along its record highs. Is this a topping pattern or just another consolidation within an uptrend?

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S&P 500 index gained 0.2% on Tuesday, as it slightly extended its recent advance. Will uptrend continue? Or is this some short-term topping pattern ahead of downward correction?

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S&P 500 index gained 0.8% on Monday, as it accelerated its uptrend following breakout above 2,800 mark. Will the euphoria run reach even further?

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