The following one hour charts illustrate how a falling wedge pattern aligns with the Fear & Greed Index. On March 13, 2023 the index hit 20. At the close of October 3, 2023 the index was 17. In addition to this index, it was observed that there was a substantial increase in the size of larger block trades between September 21, 2023 and September 29, 2023 as compared to March 10, 2023 through March 16, 2023.
Stock charts courtesy of StockCharts.com.
