Classic EUPHORIA Market in the Making!

VIX Overlay DOW JONES

With the DOW & SP500 closing in their respective highs, no one dare to declare that the cautiously steady rise of stock market prices have given some analyst / traders including main street investors at a four (4) way cross road, between uncertainty, indecision, reluctance and anxiety rolled into one. Such prices are indeed at their highs. And not a lot of market participants would want to be set on the high side of the market.

With these current price levels, anxiety has been more prominent market sentiments with 'Volatility Index' (VIX) on its lowest levels at the moment. While momentum gains are reflected correspondingly with the DOW's prices at their highest levels giving a signal of positive breath contrary to some analyst continued call for a major decline. This can only happen after the fact. And the VIX is quite the more favored tool to measure the market' price action, but not enough to necessarily push investors to get in on these high levels and missing out the probability of a continued rally in the making. Or it is already one!

Classic EUPHORIA Market in the Making!