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This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

How much can one say about lifetime highs day after day? The bulls still have their sails utterly filled with the strong breeze provided by Fed liquidity, a complacent and giddy media, and the fact that lifetime highs tend to beget more lifetime highs, since there’s no overhead supply to conquer. Here’s just a taste:

All of which boils down to a VIX which is sub-teens and at the kinds of levels seen in the lowest depths of 2018 and 2019.

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