Courtesy of Doug Short.
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The continued rally in the S&P 500 took it to historic levels yesterday, as the index hit 2000 for the first time ever. With these key markets above their 200MA and the Advance/Decline line near all-time highs, the trend is up and it looks like investors have little to fear at this time.
Speaking of fear, the 3-pack below highlights that “Fear Levels” are at/near support as these key markets are up against channel resistance.
It appears that the only thing investors have to fear at this time … could be the lack of fear going forward.
Kimble Charting Solutions
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