You can also take a look at and the VIX indicators and as you can see the is near overbought. The VIX is hugging near a fib line acted with the small correction on March 15th, options expiration date, acted different than most thought. Although the heavy options expiration could have acted as a magnet and price could have gravitated towards options with highest open interest.
You can also zoom out on this chart and notice that we are brushing up against the 50% Speed Fib Fan resistance.
Below I show how to drag and drop indicator to better line up .
Best way to follow this chart, and go back to 2009 bottom, is to hit the "make it mine" button.