Just checked the fear and greed index and it's sitting at 22 right now - that's extreme fear territory. Up 9 points from yesterday which is something, but honestly the numbers are still pretty grim overall. The 7-day average is only 16 and if you look at the 30-day picture it's even worse at 13. So basically the greed index has been consistently low across the board. Market sentiment is still heavily skewed toward fear, even with that small uptick today. The broader trend on the greed index suggests people are still pretty cautious. Interesting to watch how long this fear cycle holds.

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