Nick Drendel
@NickDrendel
Technical Swing Trader
"Buy the stocks everyone wants at the price others sell at. Then place your stop."
Joined December 2019
393 Following 25.4K Followers
How the Fear/Greed Index is calculated (so you can stop freaking out about a "sentiment" indicator).
Market Momentum — S&P 500 vs its 125-day moving average
Stock Price Strength — NYSE 52-week highs vs lows
Stock Price Breadth — advancing vs declining volume (McClellan Volume Summation)
Put/Call Options — 5-day average put/call ratio
Market Volatility — VIX vs its 50-day moving average
Safe Haven Demand — stocks vs Treasury bonds (20-day returns)
Junk Bond Demand — junk vs investment-grade yield spread
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