Instantly, the Greed index rose to 74. So how should we interpret the fear and greed index?
0-24: Extreme fear (orange)
25-49: Fear (amber/yellow)
50-74: Greed (light green)
75-100: Extreme greed (green)
Extreme fear could be a buying opportunity because investors are too worried.
Extreme greed could mean that investors are too greedy and the market is due for a correction.
