Replies to post #174822 on SPDR S&P 500 (SPY)

[risk on]

2011 is a year I certainly focused on in effort to present a counter to the correction theory. I have not focused on those specific periods, w oscillators, but will now that you pointed it out. Because , if spy doesn't move up and away from these flat , now declining tops very shortly , it will no longer be able to be compared w 2011, as that one hot fast , but in short order was back to heading on up, and from which spy has never paused on consistently climbing the monthly chart, until the past year.

[imiloa]

fwiw, below are quick charts of the timeframes.

definitely some similarities visually.
one key difference is the fed rate rise a couple weeks ago.

another is the number of fed reverse repos since 2014:
https://research.stlouisfed.org/fred2/series/RREPT

nutshell, 2016 might be very different than 2012.
but only time will tell...

jul 2011 - feb 2012:


aug 2015 - present


jul 2011 - nov 2012: (continuation of earlier chart)