SPY faded a bit before reaching its MarR2, but DIA & INDU actually closed above with YM bang on the level.

Of the 5 main USA indexes, SPY reached RSI high of 68, QQQ under-performing, DIA the leader at 72 today, IWM tagged 69.8 on 3/7 and again up to 64 with NYA reaching 67 today. So DIA fully overbought (above 70) with IWM already reached this status and SPY getting up there. This was during an extra dovish surprise by the FOMC during an options expiration week. I believe pause or consolidation is the next likely move, likely accompanied by more bounce in TLT.

SPY and DIA below. Red lines are 2015 close.