The greed index is dropping again. It seems to have fallen to 12. Yesterday it was at 16, so it’s been rapidly decreasing over the past few days. This is a sign that investors are genuinely scared. When the greed index reaches this level, it means the entire market is engulfed in extreme anxiety. The negative mood has persisted for the past month, but looking at the movement of the greed index, I realize that this sentiment is clearly reflected in the numbers. Market psychology is indeed reflected in such indicators.