Despite what you may have heard, the main driver behind the price action of the stock market is not technical factors nor are the fundamental factors, it is emotion.
Beyond any shadow of a doubt, there is an eerie sense of euphoria in the equity markets today.
Have a look at the chart below. This is the "fear and greed index" and we are now entering the phase of extreme greed.
To some what I am about to say may seem counter-intuitive however, history has proven that when we enter this extreme greed phase-it is generally a bearish sign, or a sign to take profits.
Keep in mind, the extreme greed phase which we appear to be in today can continue, and in this environment more than likely will, however this should serve as a signal that we may be nearing a short term market top.
Gregory Mannarino. "The Robin Hood Of Wall Street."
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No question we're in for a pullback sooner than later!
Thanks for the heads up @marketreport.
Will be watching the markets closely.
*-The Beached Whale-
Editor in Chief - The Anderson Report
thanx sir for share this new news on market @resteem
Upvote and resteem
me too
Me three. Upvote and resteem.
@marketreport he is Robin Hood :)))
AGREE!
Resteemed!
restemeed and upvoted
Reestemed and upvote
Resteemed and upvote Mr Robin Hood..
upvoted and resteemed
I agree. Going to be a roller coaster.
Resteemed!
Yesterday, we were also on the verge of a much bigger correction only to be bought up after the market opened. So, why do you think we're finally in for a pullback? Why can't they just buy it back up again?
That#s great to us thanks for resteem
Greg, that was very well said and to the point, and very true, and we did upvote and resteem for all to see
thanx you sir for share this update
@resteemd
your work is good sir to give us daily new newses @resteem
REESTEMED AND UPVOTED SIR
You are really so thankful sir.
your market reports and news are wonderfull work for me and help me always @resteemd
thank so much my dear sir @marketreport for sharing today update with us. have a nice day.
Now #resteem & upvoted done.
thanx sir for share this new news on market @resteem
Thank You, Gregory, Upvoted and Resteemed. BYOCB.
thanx sir for share this new news on market @resteem
restemeed & upvoted
Sage advice as always. Upvoted & Resteemed.
upvoted and resstem
thanx you sir for share this update
@resteemd
good work sir and i appriciate your efforts and your rip and your site is also attractive for traders
your work is good sir to give us daily new newses @resteem
"pigs get slaughtered" tread carefully in this level of greed environment. upvoted resteemed and commented!
Thank you! God post. Upvoted and resteemed.
upvoted and resstem
Good.... let the greed flow through you my young padawan. You shall make a powerfully greedy Sith Lord......
Re-steemed
upvoted and resstem
Financial literacy is so important yet so few have it.
upvoted and resstem
I'm really looking forward to 2018..I can feel the excitement! Thanks for leading the way @marketreport!
upvoted and resstem
Nice post
upvoted and resstem
upvoted and resstem
Buy cryptos
Resteemit done sir thanks ....upvoted
good man ... great job
@marketreport yes sir resteemed and upvote
valuable information
Thank you for your support
This post is helpful for us. I appreciate your post and video ... I post your post just by posting you extra and getting this knowledge...
Upvote and resteem
nice post ...sir
What does this mean for small investors? Get out now or ride it? Do you have any open positions.
thanks for your post
upvote and resteemit..
carry on..
Resteem and upvote
i alwasy like your work for all your followers and also this is @resteemd
keep resteemd always
Wonderful post..Dear ..Your post inspiring me..Carry on..
Hlw my dear sir @marketreport thank you so much for sharing for today update. now #resteem & upvoted done.
i also see your all updates on market @resteemd
nice to see this new update on it your all update on market are really helpfull @resteemd
re steem and up vote
resteemit upvote done,,
Thanks for the information.
Upvote and resteem
Sir, Resteem & upvote done! Cheers!
You are a great financial expert.
Upvote and resteem
Resteemed and upvote :))
Great report. Resteem and upvoted.
reestemed and upvote
Great post
I am a follower of my publications
upvoted and resteemed