Really, the charts don't show any problems at all with the market, except that it is over-stretched up. In reality, all the problems that existed since 2008 are still present, just hidden from view.
However a closer look we find municipal bonds are tanking, just as the market his hitting new highs.
And for this reason, a severe decline from here is definitely in the cards. Various bloggers I follow give technical reasons why a fall is pending. Please put stop loss orders in at some level to protect position gains.
To the charts!