more new highs?

Technically the market looks great. Strong oscillator and holding above all of the rising lines. New highs and more new highs. Target 2000 by end of July. Perhaps 1980.

It seems that the 2 near term T structures are more dominant than the larger, probably due to the interference of Fed easy money, and this would suggest highs at 26 June and 24 July or thereabouts.

Chart of S&P500 for 23 June 2014

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