We haven't looked at the big picture chart in a month and a half, primarily because there's been nothing to update:
NYA is still roughly in the same place (structurally) that it was on Friday:
Other than the triangle invalidating, there's not a lot to talk about -- for the near-term, it remains a Harlequin Romance "will they/won't they?" market for the moment. Basically, bears need to stop the rally and develop a new near-term impulsive decline fairly soon. If they can't, then we're dealing with an expanded flat (if the market makes new highs then reverses in a c-wave decline) or watching a new minute-level bull nest develop in SPX -- both options would be decidedly bullish at higher degree, one just takes an indirect route. Bears would need to reverse this shy of the all-time high to keep anything other than short-term options open. Trade safe.
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