SPX - Happy Anniversary Up 27.6% in a year

On Feb. 11, 2016, the S&P 500 put in a low of 1810.
One year later, on February 9, 2016, the S&P 500 records an all time high of 2307.9. This is a 500 pt increase, and a 27.6% return.

At the same time the S&P 500 is showing a rising wedge which has bearish characteristics. However, this market has been very strong.
ESSPX (S&P 500 Index)S&P 500 (SPX500)

Disclaimer