This market can continue to make new highs, "irrational exuberance" as Greenie coined the term in 1996, those shorting this market are suffering right now. It's just not done - - - - till it's done.
OPPOSITE of the teaching that the wise old trader advised to the young rookie trader: "don't try to catch falling daggers, let them stick in the floor first and stop quivering".
I'll be studying trading volume levels on the daily and weekly chart to gain more insight as to when this market likely tops.