Mar 20 • General discussion
Market Sentiment Report for Friday March 20
KEY LIVE READINGS:
- CNN Fear & Greed: 16 — EXTREME FEAR (contrarian bullish signal)
- VIX: 24.06 (down from 27 peak — easing)
- CBOE Equity Put/Call: 0.58 — mildly bullish
- AAII Bears: 52% — extreme crowd fear
- SPX vs. 200-DMA: 6,606 vs. 6,619 — just BELOW the 200-DMA (bearish)
- % SPX stocks above 50-DMA: only 27% — deeply oversold
- McClellan Oscillator: -155 — oversold
- WTI Oil: $91.57 | Brent: $106.92 | Gold: $4,668 | BTC: $71,250
- 10-Year Yield: 4.275% | DXY: 99.34
THE BOTTOM LINE: Post-OPEX mechanical relief (bullish) vs. fundamental headwinds (hawkish Fed, 200-DMA breakdown, Iran war). Best setup is quick intraday longs targeting 200-DMA recapture at 6,619-6,650. Hit your target and go flat before close. Do NOT hold unhedged into the weekend — one Iran headline can gap this down 2-3% Sunday night.
SPY/SPX/VIX Levels and Options Watchlist are still cooking — dropping them the moment they land!
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Market Sentiment Report for Friday March 20
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