The "Fear & Greed Index" for stocks is "Neutral" today
The "Fear & Greed Index" for stocks is "Neutral" today.
We moved from being a long time in the "Fear" and "Extreme Fear" sentiment.
This is positive, however, we need to be cautious, now we can go either way.
We can either move to a "Greed" (bullish) mode or we can go back to "Fear" sentiment.
Let's wait and then we can decide what changes to make to the portfolio.
I believe that this recent rally in stocks is just temporary and it's just a rally within a bear market trend.
Today might be decisive for understanding the direction of the market.
On the technical side, we are also very close to resistance lines.
Follow me on https://federicamontella.com/ for more.