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S&P Closeup View of the Big Picture

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OANDA:SPX500USD   S&P 500指數
Currently trading 2 points below the previous ATH.

Been hearing a lot of bullish narratives the lst couple weeks.

QE, Easing, Rate Cuts.... Yesterday it was ECB. Next week it's the Fed's turn.

Market sentiment was at extreme fear last week. --> themarketear.com/posts/c_SS4jkztg
Complacency set in?

VIX has been dropping steady, approaching the lows.

No concerns about anything in the near future.... VIX monthly futures prices.

The big crash will happen when people are least expecting it... They won't be waiting for everyone to purchase their puts. ;)

Proceed with caution.

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