Thursday 11 November 2021

Dumb Money Pushes the Fear and GREED Index into another EXTREME

Dumb money pushes the fear and greed index into another extreme. We have seen the stock markets getting rejected from the resistance trendline after overbought conditions. The S&P and Nasdaq have pulled back to just below the daily 8 EMA. However, we are also seeing yet another extreme in the fear and greed index. Emotions and sentiment in the dumb money appear to be at record "extreme greed" levels. So what can we learn from this and what are the risks involed? We shall look at the charts. TA Video by Alessio Rastani.

BYBIT $3,000 Deposit Blast-Off
Plus, enter our lucky draw to win 0.1 BTC & other rewards! Read More >>