Greed Index
Currently if we look at the greed and fear index after market you will be able to see that there is no breed in the market as of now however the fear sequent is growing its means that this number is going down where clearly shows the fear that people have in the market and because of that they are selling their holdings. This is a kind of market which make things really very difficult for the people is they do not have a strong holding power and current situation is exactly the same and we see that how it is doing.
Now let's talk about the number which you can see on the chart which I share and last week this number what you are closed to 50 but now it is dropped and currently it is at 45 which is not scary and nothing to be worried but still I believe that there is light down movement on the market which is why more selling is happening in the market.
We cannot control how the market is going to perform because it is not in our hand however you can figure out the overall market. With this weekend figure out of the people are ready to buy or if they are ready to cell so all these things can be measured with this material and that's where this number a very important role hisse to understand what could be the next possible move in the market however it is never guarantee and no one can exactly predict it.
That is all about the greed and fear index my highly recommend you to go through this index time to time because this can help you understand the market sentiment and accordingly if your planning to invest then you can also figure out some project which are good for you from the investor perspective
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