S&P 500 clearly hit an all-time high on Monday. It is likely to meet resistance at the 16-month blue uptrend line at about 4850. But watch the purple line of 4735 closely. Should S&P 500 fail the purple line, it will back into the correction mode again.
Also, more than 200 stocks hit a 250-day high, including UNH and PG. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&highlow=250-day%20High
360miq.com/market?data=NYSE#tab-3
