This is a correlation study between FVX
(5 year treasury rate) and S&P 500 index
. Left pink vertical lines indicate 5 year treasury rate peak, and right pink lines indicate S&P 500
peaks. The left two pink line groups are historical facts and the right most one is a simple projection. Based on this projection, 5 year treasury rate will peak around 10/2015 around 3% and S&P 500
will peak around 05/2016 (at the earliest) between 2400 and 2600.
Nothing scientific, but a possibility (so we do not fix on one theme).