Looks like no economic news can stop the bulls these days. It would have to be something much, much bigger, but also then they may use it just as another buying opportunity on the way up.
For now let's see how they cope with some little overhead resistance somewhere at current levels:

As an aside, notice around 16:50 the ZN bottomed and started to rise, and the ES and CL kept rising. How's that for a decoupling of the usual inverse relationship. Yes, the ZN seems to go inverse lockstep, then flip to lockstep, then go back, but when it does, it's worthy of note, in my opinion.

1234. 1 point from a new high. Another read goes into the books as having been read correctly.

Thar she blows! 1237.50. Am I surprised? Not at all, it's what my bet bet was, as I mentioned earlier. Those poor top calling bears, when will they ever learn...

Probably such a chart is of little relevance because of the rollover but I could not refrain from showing such an interesting geometry:

And one of the reasons I'm showing it is a classic Roofer's chimney setup on our local stock exchange:




It started with a vertical move I showed here few days ago and requires more downside (of course under the assumption that it will not fail ), which is rather not possible with a rising ES ...

This is March contract only so this bearish 4PT should be valid:

Not too much of a bounce from such a nice spot and a possible bullish .786 ABCD. Situation still looking rather good for bears:

Just to the Kane Zone and lines but no pattern:

Small one against the big one?

1.272 working extremely well today:

It had to get one tick higher! That also got it to the exact 1.272 at 36.20 on that ABCD. So, we got a weekly close essentially at the high tick for the week, the month so far, and the entire 'bulls#$&' market. Those poor bears, still trying to call the top. For me, I'll just keep creating 'ride the long' plays.

It's the bulls time in the sun. I'm not going to fight that. I just saw in a Bloomberg survey not one single analyst was bearish on next year. 100% bulls! I'm seeing 'breakout' and acceleration calls everywhere. Sentiment is extreme for the bulls. It can get more extreme, or stay extreme for a long time. The $VIX is dragging on the lows, but can get lower.

Midcaps one good trading day from new all-time highs. Russell, Transports, etc. right behind Midcaps. The entire drop from the crisis erased, new all-time highs. Unreal. It's the bulls time to shine. Let them enjoy it, as it won't last. The bears will shine again, just not today. Goin' with the flowin'...