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

During the trading session, it started to look like things would fall apart, but apparently, buyers came in and rescued the day for a good part. This left some bullish looking candles on the daily charts for major indices, but it's not that clear yet. One could argue that we're trying to find support on some sort of plateau. For the S&P that would be the 2030-2040 area. If that is the case, we need to see strong buying soon. The indicator isn't yet convinced this plateau wild hold for now. For trading the S&P 500 tomorrow, Friday, May 20th, the Greed and Fear indicator is expecting a lower close.