Right now Market Mood Index is showing 18.21 ( Extremely Fear) , is it indication that market is going to crash soon? What is the probability?
Could you please specify where you found this indicator ?
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we are in fear state now so have moved on from extreme fear recently so should expect markets to go up further as per this model.
If we are in extreme fear zone then we need to go long. And short when extreme Greed Zone.