BullGap has built a Market Sentiment Indicator that most commonly known as the emotional barometer for the market. This index aggregates a number of sentiment related indexes and provides it in an easy-to-view format.
An investor may use BullGap's Sentiment Indicator to see how optimistic or pessimistic other investors are about the current market conditions. BullGap has just updated our software to provide details of some of the indicators that make up the barometer that we provide our users on a daily basis.
Below is a screenshot of MogulUp and the Market Sentiment Dashboard. This is a snapshot of July 21, 2020. You can see that the Fear and Greed Index is currently reading 62.63. This shows current market sentiment is more bullish. With the S&P 500 currently having a breakout from the earlier June highs, you can see why market sentiment is leaning more toward a bullish outlook.
Some of the sentiment indicators are also provided as part of the dashboard.
Our Market Sentiment Indicator is available to all our users of MogulUp app. You can find out more information about our Market Daily Report which includes BullGap's Market Sentiment indicator by reading about our Market Daily Report
.