The MarketPsych Fear Index shows a 10-day exponential moving average of the percentage of "Fear" words in the U.S. financial news displayed over a candlestick chart of the Nasdaq 100 (QQQQ). For each bar, the green bars indicate that the Nasdaq 100 opened lower than it closed (an up day), while the red bars demonstrate a higher open than close (a down day). The vertical distance of each bar ranges from the day's low price to the day's high.
The relative percentage of Fear-related words is on the left y-axis, and the QQQQ value is on the right y-axis. You can select a viewing period of up to 6 months in the drop-down menu. We have proprietary technology that detects the predictive values of different types of financial language and concepts, and which underlies our asset management.