The S&P 500 Hits a 50-Year Old Complacency Milestone (Quick Take Video)

Talking Points:

• The 0.68 percent slide from the S&P 500 Monday was the biggest drop in months, but doesn't break the deep sense of complacency
• Monday's close would neither break the aggressive trend channel of the past month much less turned more systemic one-direction cues
• As high as SPX is and quiet as VIX has grown, the milestone of 113 trading days without a 1% drop (a 52 year record) is troubling

What is the 1Q fundamental and technical forecast for the S&P 500 and other key global equity indices? Sign up for the 1Q forecast and Top Trades guides on the DailyFX Trading Guides page to find out. (

Source: DailyFX - Forex & Macro News (via YouTube)
Comment Form is loading comments...