If you’re bullish there’s a lot to like about the market right now. The NASDAQ continues to carve out a nice looking cup and handle pattern.
Failed head and shoulders patterns are often very powerful upside drivers. The NYSE looks to have failed to complete a head and shoulders pattern and is now spurting upwards as the bearish bets that didn’t come to fruition come unwound. 
This NYSE pattern is very reminiscent of the NASDAQ in 1997. After the NASDAQ failed a H&S pattern, it had a straight run to the 1998 peak before the LTCM crisis.
