Fear is building beneath the market’s surface:
The Fear & Greed Index is now down to 24.8, the lowest since early April.
This metric is now below the 30-point threshold, signaling "Extreme Fear" among investors.
The reading comes despite the S&P 500 sitting just -3.7% below its all-time high.
By comparison, the index bottomed at 5.8 points on March 30th and 5.2 points in November 2024.
This comes as the 5-day average put-to-call ratio is up to 0.84, the highest since the 2nd week of April and above the levels seen between July 2025 and January 2026.
Keep watching sentiment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- EdwardHughes·06-29 14:0224.8 fear with SPX only 3.7% off highs is kinda wild lol capitulation or fakeout?LikeReport