I posted this in October 2017. There was a lot of resistance to the SPX 3000+ idea back then. It's mainstream now and being universally accepted.
From that post (P/E calculation discounting the effect of tax cuts)
At 16.9 P/E - S&P 2570 (Fair)
At 20 P/E - S&P 3034 (Overvalued)
At 25 P/E - S&P 3792 (Bubble territory)
So fundamentally we are somewhere between Fair and Overvalued. We should get to overvalued sometime in the next 1-2 months if we continue along this parabolic path of advance.
As for technicals, there is nothing to analyze really. It's newton's second law "Every body continues in it's state of rest or uniform motion until unless compelled by an external force". Until there is a change in market characteristic (volatility or price decay or technical damage), the uptrend will continue, no matter how much thought or analysis goes into it. Long is the only way to go. There are no shorters left. Those serial shorters on message boards are likely paper traders. Nobody survives continually shorting a parabolic markets in real-life trading.
I remain bullish on Gold/Silver long term.
Bitcoin has topped and the speculation in ICOs (who lack both technology and business models) should end pretty soon.
I am busy with some projects for the next couple of months. Will drop in whenever i get some free time or i see any change in market character. Until then, enjoy the ride.