Fear & Greed Index

The Fear & Greed Index was at a very high reading of 77 yesterday. What did that tell a trained trader? A professional trader or investor? It said that the odds favored a down move in the next few days. And it happened today with a big gap down, surprising 99% of the public. Check the chart below to see how the public (sadly) is wrong at every minor and major turn in the market. While this is not an everyday trading & investing tool, not knowing or following this tool when we hit extreme highs and lows would be foolish. It's an incredibly accurate tool for knowing when the odds of a turn and possible big move are coming. Or to say go to cash and let the market correct, keeping you powder dry until the correction is over. Is this possible? You bet. All Hedge Funds have this kind of information and know how to use it. So do ALL of my students! I would be remiss if I didn't share this information with them. But I not only share ALL of my tools, I give them a lifetime license to use my Trademarked & Copyrighted method & system, I make sure they know how and when to use it. Check the reading of 3 back on December 26, 2019 to clearly see this tool was saying not only was a turn coming within days, but that the odds favored a big move up. What was the resulting move? A move up of 33% or 47 points on the QQQ/Nasdaq. How accurate is this type of reading over the years? Try to find a reading under 5 that did not have a turn back up with a big move following! You can't! Why does virtually no one I train know this information before they contact me? You tell me. It's not in the books, or YouTube (a YouTube guru will repost soon :-) If it was, you would know about it and be using it like my students and I have since it was created in 2012. Btw, it's a free tool at: https://lnkd.in/g4yzgKtv