The market has plenty of opportunity to have a proper correction (e.g. > 1%) before continuing higher, but it refused. This can only mean one thing-- it wants the last bear to resign and the last bull to chase, then it is light out. The market would dive down big, not in a fashion of a correction, but down and not looking back. This time around, the bears would chase, and the bulls would be taken to the slaughter house.
The market has made its intention clear.