Fear and Greed Index:
The Fear and Greed Index has retreated to the level of 48 points, indicating a slight decline in optimism level. Extreme swings in sentiments sometimes signal a reliable divergence, but without reaching these critical points, trends may continue for weeks or even months.
Significant changes in sentiment usually coincide with a divergence in the stock market.
Trend Sentiments: Looking at diverse time frames, the weekly trend appears bullish. While the daily analysis points to a bearish direction. The four-hour and hourly charts reveal uncertainty and hesitation among traders.
Seasonal Study :
Based on historical data of the past twelve years, the second half of May is characterized by high profitability, reaching a 75% chance of generating higher and significant annual returns.
It's preferable to follow trends rather than trading against them.
While past returns are no guarantee of future performance, understanding the average historical returns can contribute to improving portfolio decision management.
I hope this report has been helpful to you. Blessings.
@RosePremiumm
