Hidden secrets
I'd like to see a/d volume start faltering below the trend line.
Shorts are still providing a lot of liquidity.

Upon examination of RYURX (Rydex 1x inverse SP-500), I see a looming breakout from a long consolidation with positive divergences on the monthly.

The SPX:VXO ratio is about the same as the peak in 2000.
The CPC:VXO ratio is close to a sell.
I cannot post directly from stockcharts, but the charts are easy enough.
There are still lots of stocks breaking out. This needs to simmer down and breakouts also need to fail.....as they did in early-mid 2000.