Another false Signal or the Real Deal?

S&P500 Weekly Chart @ Close Friday 05/08/2015

Key Reversal after Weeks of false 'sirens' wailing cautionary technical tales of potential corrective despair.
Are we finally there; wherever 'there' is?
Friday May 8 Close back so close to the Record & Key Reversal Highs suggests a negation of the Signal; weird times may herald a weird reaction up here.