Fresh highs for the market, but looking a little bit tired this afternoon.

The Packaging Index is enthusiastically supporting the move higher for the general market.

The bullish percent is pointing higher as well.

This market has to crack at some point, but for now, it is a beautiful thing as shown by this 2-year chart.

Outlook

The long-term outlook is mixed.
The medium-term trend is up.
The short-term trend is up.