Some basic yet much-needed insight from Ticker Tape!

Ticker Tape has an interesting feature called Market Mood Index (MMI). It currently says that the MMI is in the **extreme fear zone**. Extreme fear (<30) suggests a good time to open fresh positions, as markets are likely to be oversold and might turn upwards. Historical observation says the market bottoms out when the MMI reaches an extreme fear zone. MMI considers important factors like FII Activity, Volatility/Skewness, Momentum, Market Breadth, Price Strength, and Demand for Gold. While it is **only 91.28%** accurate for those who want to disagree, it certainly gives the much-needed hope one needs in the current volatility. Thoughts? [MMI](https://preview.redd.it/9kcfrrh20dce1.png?width=675&format=png&auto=webp&s=cef46c096cb5e1d478277909d753debb37e099f4)