The bull case continues to prevail and a new wave structure is unfolding. It appears that we are in the third wave of a third wave up. A 1.618 wave projection shows that price can reach 580. Following the current trendline, this price could be achieved in July. As wave 3 moves are generally the strongest, one can load up on cheap option spreads like the June/July 540-550 call for $1 or less.