The Fear/Greed meter hasn't hit Greed in 2.5 months. Hasn't touched Extreme Greed in 16 months.
That's a long time sitting in Fear/Neutral territory. Market's been stuck in a risk-off mood, which means when sentiment finally flips, the move could be violent.
Watch for the break. When fear dominates this long, the snapback into greed tends to be fast and sharp. Position accordingly—don't chase the first pop, but be ready when momentum confirms.
That's a long time sitting in Fear/Neutral territory. Market's been stuck in a risk-off mood, which means when sentiment finally flips, the move could be violent.
Watch for the break. When fear dominates this long, the snapback into greed tends to be fast and sharp. Position accordingly—don't chase the first pop, but be ready when momentum confirms.