Let's build a base.

After 9 days of  white or green candles, a small pullback would be in order. The stochastics are also in overbought territory after the breakout the range SPY has been the last few months.

The market breadth as measured by the McClellan Summation index also looks over extended with an RSI at +80.

I think a good place to revisit would be the 20 day moving average. Somewhere around 206 and 207 would make a nice base camp to higher levels, fundamentals permitting. There are no real catalysts to continue in the uptrend at his immediate point. Yes, fund flows will still keep flowing to equities.