FEAR/GREED MAY BE HEADED TOWARDS AN “EXTREME FEAR” BUY SIGNAL
February 18th, 2020
The “Fear/Greed Sentiment Index: What Emotion is Driving the Market Now?” has a current reading of “51” which indicates that we are quite possibly traversing the range towards an “Extreme Fear” buy signal. With the current strength in the markets, I would only expect this indicator to briefly touch the under “30” reading. It should then explode higher.