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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 above 3-pack 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.