Chart of the S&P 500 on August 6, 2016

For those of you who like technical charts or simply are curious where the stock market trend is presently, take a look at this chart and it will blow your mind. This is a 20-year chart where each increment is one month. This past week we are right at the top, blue resistance line that goes all the way back to the year 2000. Looks to me that we are up against the ceiling.