Even if that is the case, we still need to get a pullback. S&P just got rejected by the 200 day moving average. Every time it has done that during bear market rallies, it went down to retest the lows. I am not saying this is the end of the stock market, but in the short run, there is no justification to be bullish. All the good news, like a trade deal with China and Powell put, have been baked into the price. There is only down side risk for atleast the next couple of weeks.