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The lower section of the above chart measures 5-year rolling performance of the S&P 500. This great chart comes from Shortsideoflong.com.
In the past 50-years, 5-year rallies of 170% or more has only taken place in 1987 and 2000.
Joe Friday….Now the 5-year rolling performance is hitting this line for the third time in 50 years and it is hitting some resistance lines tied to key price points dating back 30-years.
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