Greed and Fear - Daily trading signals based on mathematics and software, no opinion, no emotion, no ego.

The markets decided to make another step down to lower levels, but in the second half we saw some recovery. This is not uncommon in down trending markets. A few down days may be followed by a strong up day, but it's not the most favorable bet to make. Since roughly the half of December the sma20 and sma50 on the S&P 500 have turned downwards and it's going to take a lot of effort to turn that around some day. For trading the S&P 500 tomorrow, Friday, February 12th, the Greed and Fear indicator is taking a neutral position.