S&P 500 Price Action (SPX), page-15

Will US Indices melt-up?

Below is a LT monthly chart of the S&P500 (SPX).

So how bullish does this thing look then! Im blown away! The FED has won the Battle against the free market - but not the War. The outcome of the War has been delayed for a while longer yet. Maybe 6 - 12 moths before the free market gets control again. Perhaps only to be met with more QE or helicopter money delaying the inevitable. Who knows.

All I know is that this is a significant +ve change in momentum over the past few months and this chart has the potential to be VERY bullish going forward. Trade what you see. DYOR.