S&P 500 Quarterly Chart – BIGGER PICTURE

Posted by Chris Vermeulen - The Gold & Oil Report

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Screen Shot 2015-10-18 at 9.05.30 PM

This chart I feel provides a great perspective on the overall market trend and price patterns. This is the 70 year historical chart. I hope something like this unfolds. Fingers crossed to a nominal 12 month correction/bear market. This will build a new base for the next super cycle.

US Dollar has now reached the upper resistance trend line… we could see weakness in the dollar going forward… Keep in mind this is a quarterly chart, lower prices may still be a few months away. 

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….for 5 more charts on different time frames and subjects plus a larger view of the one above go HERE