What is the Fear Meter?
Quick answerHow scared the market is, 0 to 100: eight markets (the S&P 500, the VIX, the 10-year yield, gold, bitcoin, the dollar, junk bonds and long Treasuries) read on the 4-hour candles. Green under 50, orange to 70, red to 90, bright red over 90.
The details
- Each market is scored against its last 200 four-hour candles, then weighed as the TradingView script does (stocks falling and the VIX rising count most), and smoothed.
- ◆ BUY: the line crossing up through 80. We tested it and found no steady edge, so it is shown, never called.
- Updates after each 4-hour candle closes, about 1:50 PM and 4:20 PM New York.
Use it to read the market before you take a trade from our other systems.
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