We closed at the Highs of the week, providing a continuation pattern, Longer term 4600 turns the ES higher.
The extent of the run has the SPY ES SPX overbought.
Price may range to digest or simply continue to blow higher until the turn.
Ultimately 2 Up of 5/5/ Down is wrecking many bears who I warned to remain VERY Patient until this approaches the199 EMA.
Volumes are simply not there to extend and pretend.... Yet.