Basically, this is what I'm talking about. The chart is pretty much repeating the 2013-2014 chart. It is not a perfect match (and doesn't need to be), but overall it looks the same.
The recent spike may be just a small temporary recover.
Don't get me wrong, I don't mind if the bull market starts at this point... But so far we usually had 3 years of bear market following a bull market.