is this :
https://postimg.org/image/69oz9u7pb/
clearly if the spx was at 2100 in nov 2014 and now it stands at 2169....it means it has gone nowhere for two years and that means just one thing i.e. it's waiting for the first rate rise to fall like a missile with no fuel. But obviously the first rate rise can' t happen until the elections' time has been overcome. Why this is very obvious, I leave it to anyone's imagination. With regards to Europe, it's almost done so that probably it will fall on its own weight with no co-hoperation from America. This is not new lately. In any case the spx, the mother and father of all manipulations, can' t rise that much, imo. I would call it ''distribution at the top'' until the time when the market is not allowed to ''disturb'', is over.
Edited by andr99, 27 August 2016 - 07:35 AM.