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Indices & Breadth
CNN
Crypto F&G
Contrarian Signal
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📈 Equities
● LIVE
S&P 500 (SPX)
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Nasdaq 100 (NDX)
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Russell 2000 (RUT)Small caps lagging SPX = narrow market breadth, risk-off divergence.
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⚠️ Risk Gauges
● LIVE
VIX VolatilityFear gauge. High VIX = panic = contrarian buy opportunity. Near 52W low = complacency = buy cheap protection.
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US 10Y YieldRising yields = tighter financial conditions, pressure on equity valuations. Near 52W high = meaningful headwind.
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📡 Sentiment
LIVE + Weekly
CNN Fear & Greed0–100. Extreme Fear (<25) = contrarian buy. Extreme Greed (>75) = caution. Buy fear, reduce on greed.
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NAAIM Institutions>85 = fully loaded, no buyers left. <40 = light positioning, dry powder available.
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AAII Bull %Contrarian signal (weekly survey):
• Bull <27% = extreme pessimism → strong buy opportunity
• Bull 27–35% = fearful → cautiously bullish
• Bull 35–50% = neutral range
• Bull 50–55% = elevated optimism → caution
• Bull >55% = extreme greed → reduce exposure

Hist. avg ~38%. Low bull % = few believers = contrarian upside.
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AAII Bear %Contrarian signal (weekly survey):
• Bear >50% = extreme pessimism → strong buy signal
• Bear 40–50% = elevated fear → buy zone
• Bear 30–40% = neutral
• Bear 20–30% = low fear → watch for complacency
• Bear <20% = complacency → caution

Hist. avg ~31%. High bear % = wall of worry = contrarian bullish.
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■ Bull ■ Neutral ■ Bear
📊 Breadth & Structure
● LIVE · Finnhub
Credit Spread (HYG/IEI)HYG underperforming IEI = corporate stress building. Often leads equity weakness by weeks.
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HYG vs IEI daily change
Defensive Rotation — Staples (XLP/SPY)XLP outperforming SPY = flight to defensive staples. Persistent = risk-off signal.
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XLP vs SPY daily
Defensive Rotation — Utilities (XLU/SPY)XLU outperforming SPY = flight to safety. Persistent = risk-off building.
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XLU vs SPY daily
🛢️ Commodities
● LIVE
XAUUSD GoldGold price in USD per oz. Safe haven asset.
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XAGUSD SilverSilver price in USD per oz.
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WTI Crude OilWest Texas Intermediate crude oil futures.
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₿ Crypto
● LIVE · CoinGecko
Bitcoin (BTC)
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Ethereum (ETH)
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💡 Contrarian Read
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