Crowd Gaugeas of Sep 9, 1:20 AM UTC
54
Neutral
Fear and greed, from real positioning.
Longs pay 8% a year to stay in. $1.29B sits within 5% of long liquidation, $916M of short.
Not a survey and not social chatter. Five things that decide squeezes, from our own data, every 10 minutes: who pays funding, whether leverage is building, how much money sits near liquidation on each side, momentum, and speed.
Yesterday
Not yet. History builds from today.
Last week
Not yet. History builds from today.
Last month
Not yet. History builds from today.
What moved it
Funding
Longs pay 8% a year to stay in.
63 of 100 · weight 35%
Open bets
Open bets down 1.0% on a red day: longs closed or closed out.
47 of 100 · weight 25%
Liquidation sides
$1.29B sits within 5% of long liquidation, $916M of short.
58 of 100 · weight 15%
Momentum
The majors: -0.4% in 24 hours, +2.5% in 7 days.
51 of 100 · weight 25%
Speed
Prices are moving slowly (1.6% a day), which softens the mood.
amplifier
Macro worry
45
Watchful
A world market moved 66 points today. 54% on the Fed raising rates next.
Recession odds
Traders put 4% on a recession.
4
Rate-hike odds
54% on the Fed raising rates next.
54
Hot inflation print
49% on inflation coming in above the middle strike.
49
World tension
A world market moved 66 points today.
100
Calm under 25, Watchful to 50, Worried to 75, Alarmed above.
How it is made
Funding counts most. When longs pay to stay in, the crowd leans greedy. When shorts pay, it leans fearful.
Open bets tell the direction of the leverage. Building while price rises is greed. Building while price falls is shorts piling in, which is fear.
Liquidation sides show which crowd is exposed. More money near long liquidation than short means longs get hit first.
Momentum is the majors over 24 hours and 7 days, weighted by open bets. Speed is how fast prices are moving, which makes the mood stronger in either direction.
Extreme readings are fragile readings. A very greedy tape has the most to lose from a drop; a very fearful one has the most to gain from a bounce. The gauge describes; it never tells you what to do.
Put it on your site
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Educational only. Not financial advice. A number about the crowd, not a signal.