SPX - Fear and Greed Divergence
$S&P 500(.SPX)$ - Fear and Greed Divergence:
The bright side of the current situation, with the SPX near all-time highs while the Fear & Greed Index falls to neutral, is that any pullback from here could lead to oversold conditions relatively quickly.
Today's green day was anticipated in the Weekly Compass, but the question now is whether the resulting doji candle is bullish or bearish. As highlighted, the last two times this pattern appeared, the outcome was bearish.
$Apple(AAPL)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Broadcom(AVGO)$ $Meta Platforms, Inc.(META)$ look toppy
$NVIDIA(NVDA)$ $Microsoft(MSFT)$ look bouncy
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