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

It seems yesterday's FOMC needed some extra digesting by market participants causing significant intra day swings to either side. Also, every poll in the UK about a possible Brexit will keep adding more volatility for the week to come. Since the polls do not call a clear winner yet for either camp, we're in for a while ride I suspect. It's my guess that the drop we're seeing lately is purely due to that. My guess is that the UK will choose to stay in the EU, although probably by a small margin and that the stock market will sky rocket afterwards with that major uncertainty out of the way. Once again, these are historical times. For trading the S&P 500 tomorrow, Friday, June 17th, the Greed and Fear indicator is expecting a lower close.