Wall Street's "fear index" VIX index hit a 4-month low, and multiple indicators show that the US stock market may continue to rise

TechFlow reported that on December 3, according to Jinshi Data, a research report released by SentimenTrader showed that Wall Street's "fear index", the volatility index VIX, closed below 14 last Friday, hitting a 4-month low. Dean Christians, a senior research analyst at the agency, pointed out that since 1995, after VIX fell from above 20 to below 14, the probability of the S&P 500 index rising one year later was as high as 96%, with a median increase of 14.2%.

Market behavior data also supports bullish expectations. SentimenTrader's "Last Hour Indicator" has seen an increase in pre-close buying in 9 of the past 10 trading days, reflecting that investors are eager to build positions, and the current S&P 500 index is only 2% away from its all-time high. Historical data shows that under such circumstances, the probability of the S&P 500 index rising in the next 6 months is 90%. Currently, multiple market indicators are similar to the period when Trump was elected in 2016, when US stocks continued to strengthen after the election.