SP 500 hitting Resistance/ U.S Dollar breaking resistance

SP:SPX   S&P 500 Index
The market is up about 10 % this quarter, which is a nice start for 2013. However, it's at significant resistance as you can see on the log chart (blue). At the same time the dollar is quietly rising ,while gold is testing support. With all the trouble in Europe, are the investors looking at the U.S. dollars as the best "investment" for near term ? Can we expect some profit taking in the next quarter ? or is it different the time ? well, only time will tell. Until then ,good trading to you all



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