Emini S&P.. Where Has The QE Rally Gone?

An oversimplified example of historical median lines showing support and resistance levels. Looks like we could bust upwards?
http://seekingalpha.com/article/890221-where-has-the-qe-rally-gone

French fantasies?...New Budget dreams and the 3% rule??


A more complicated study showing the same and more historical and local ML's and reaction lines

Lastly, In the article listed here Mr Parnell quotes "This QE elixir has led to a great decay in financial markets, however, as any sense of true price equilibrium both within and across asset classes was completely lost some time ago."