Don't Know When To Buy?
Use the Fear Index to guide you!
If you match the SPY chart with the Fear Index chart, you would notice something interesting...
The periods of "Fear" match well with the bottoms in the markets:
Jun' 22
Oct' 22
Dec' 22
Mar' 23
And periods of "Greed" usually mark a local top in the markets:
Aug' 22
Dec' 22
Feb' 23
Go check them out & match them these periods with the SPY chart!
So it might be a viable strategy to:
- Buy more at Extreme Fear levels
- Trim a bit at Extreme Greed levels
By the way, markets are now at... Extreme Greed level ;)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Full-time Investor | Part-time Trader
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151035536 : great chart
Jacob Adams : Hi Mr.Rui I’m new to investing completely I was wondering if you could throw anything to help me understand what I’m looking at and how to turn this into a job where I can profit