The_Unwind

"The Clue " Daily Update 6/28/23

SP:SPX   S&P 500 Index
The S+P 500 continues to trade in an "unpredictable price pattern",
rising steadily as a growing chorus of bullish investors
continues to buy stock, as the end of the 2nd quarter of 2023 nears

Confirming the price advance, the VIX or fear gauge
continues to drop sharply hitting the 12 handle this past week,
remarkably, down from a multi week top at 20,
meaning that despite the bears loud growl in the back round,
bulls continue their march on to the promised land.

What does it all mean ?

Simply put,
risk in the US stock market is growing by leaps and bounds by the day,
but fewer and fewer traders are actually "concerned" about it.

Did you get that ? ..........
You don't even need to read between the lines on this one.

Therein lies "the clue".

Sitting out there in broad daylight for you.
Do you "catch my drift" ...?
This is some "jive talking" market risk.

SPX 4374.66
230 PM EDT Open

THE_UNWIND
WOODS OF CONNECTICUT




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