1. This amazing growth of SPX500 Index was made mostly by QEs. 2. It's just an iflation of stock market and nothing more! 3. It means, that value of money (of USD) has dropped significantly since 2000. 4. World financial crisis in 2008 made the spread between SPX500 and SPX500/M2 start broadering with acceleration. 5. And we have what we have. Just look at...
Correction is over (probably). Buy the brekeout of local downtrend line
I think, that it's a little bit early for saying that main downtrend was broken. As well as I remember, there were about 3 times of false downtrend breakout in USDRUB_TOM. Fundamental reason for this expected breakout will be change of trend in BRENT OIL. And BTW, Brent is still in ascending price channel. Waiting confirmation from big money...
Something important has happened. Brexit is precedent, changing trends...