S&P 500 Long Term Trend Analysis

What is charting? Is it the study of human behavior as it pertains to the financial markets? Is human behavior predictable? Does the past indicate what may happen in the future?

Lets make a long term trend analysis using SPX

This chart pattern is eerily similar. Will history repeat it's self?

If so, our next long term resistance period isn't reached until January 3rd, 2033.

Thoughts?