The Fear And Greed Index Is Still in Fear Zone
Despite of The Rally on Friday, The Fear And Greed Index Is Still in Fear Zone.
Seems that the divergence commented last week is a possibility.
Trade carefully, some oscillators may be brewing a bullish divergence, which means lower lows in price and higher lows in the oscillators.
For now, the bounce in $S&P 500(.SPX)$ has not been consistent with a bounce in the Fear and Greed index.
$5083 is a key level to watch next week. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ(.IXIC)$ $NASDAQ 100(NDX)$ $DJIA(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$
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