Today's Fear & Greed Index: 62, Greed (yesterday: 57).
More people are starting to chase highs, but it hasn't reached the point of mania. It's not exactly a bargain-hunting opportunity, but there's no need to rush for the exits either.
Don't look at the index in isolation—watch the trend: sustained greed + new price highs = be careful; sustained fear + prices stabilizing = opportunity.
My take: only extreme readings are signals. I treat the neutral zone as a reference and don't make a fuss over it.
#MarketSentiment
More people are starting to chase highs, but it hasn't reached the point of mania. It's not exactly a bargain-hunting opportunity, but there's no need to rush for the exits either.
Don't look at the index in isolation—watch the trend: sustained greed + new price highs = be careful; sustained fear + prices stabilizing = opportunity.
My take: only extreme readings are signals. I treat the neutral zone as a reference and don't make a fuss over it.
#MarketSentiment