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Investing , Stocks , US Markets
     

More Complacent with Prices BELOW All Prior Highs

by Editorial Staff
Updated: January 19, 2023

Though the main U.S. stock indexes have rallied since their September-October 2022 lows, none have made the leap to new all-time highs. You’d think that investors might feel a bit deterred by that news, but alas, investor complacency still reigns supreme. Check out this chart and commentary from our Short Term Update to see just how complacent investors are.

The Elliott Wave Short Term Update

A measure of investor complacency versus fear has just made a new extreme, one that has eclipsed all prior extremes during the bear market from the January blue-chip stock highs.

More Complacency with Prices Below All Prior Highs

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