S&P 500 Has Only Hit This Line 3 Times In Past 50 Years
Chris Kimble | Apr 20, 2014 01:15AM ET
The lower section of the above chart measures the 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 have only taken place in 1987 and 2000.
Now the 5-year rolling performance is hitting this line for the third time in 50 years and as it is hitting some resistance lines tied to key price points dating back 30-years.
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