SPX500 - SPX is notorious for doing this

FX:SPX500   S&P 500 index of US listed shares
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Just a perspective. See the way S&P500             has been growing since QE started. Such moves seems common with SPX             . I hear a lot of people say the bull run is rare and has never happened, its crazy etc., but looking at prior data it seems plausible. We are still in QE mode with Fed influencing the market much more than ever before. Japan, Europe all in QE mode. What to watch is pull backs from the past and play them in the future. They are somewhat random but with trends you can see where they are headed. Just an additional perspective to keep in mind while trading and performing technical analysis . The "Oh my god, this is too high and moved too much " emotion can be detrimental while placing trades.

Safe trading and throw a like if you think this helped with your analysis.
Q.E is quantitative easing - it shows up as a ticker ( apologies )
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