Post by zuolun on Mar 11, 2014 11:59:40 GMT 7
The STI moves in lockstep with the Fear and Greed Index:
1. At 84 or Extreme Greed on 7 Mar 2014, the STI hit resistence starting from 7 Mar 2014 (trading range 3137 - 3145 points).
2. At 13 or Extreme Fear on 3 Feb 2014, the STI had a dead cat bounce starting from 4 Feb 2014 (last low @ 2953).
The STI moves in lockstep with the Fear & Greed Index:
1. When the Fear & Greed Index was @ 91 or Extreme Greed on 17 May 2013; the STI had a steep correction starting from 23 May 2013.
2. When the Fear & Greed Index was @ 19 or Extreme Fear on 27 Aug 2013; the STI had a dead cat bounce starting from 29 Aug 2013.
1. At 84 or Extreme Greed on 7 Mar 2014, the STI hit resistence starting from 7 Mar 2014 (trading range 3137 - 3145 points).
2. At 13 or Extreme Fear on 3 Feb 2014, the STI had a dead cat bounce starting from 4 Feb 2014 (last low @ 2953).
1. When the Fear & Greed Index was @ 91 or Extreme Greed on 17 May 2013; the STI had a steep correction starting from 23 May 2013.
2. When the Fear & Greed Index was @ 19 or Extreme Fear on 27 Aug 2013; the STI had a dead cat bounce starting from 29 Aug 2013.
