The S&P 500 Index reached a new high this week.  This was the first new high for the index in the last seven months.  The SPX has gone over six months without hitting a new high 18 times since 1950.  What comes next?  After the first new high was reached the index was higher a year later 17 times. 

Dln8PkdXcAES22w

Hat tip Ryan Detrick of LPL Research