People get excited together
When everyone thinks things can only go up, risk may be higher than it feels.
Plain explanation
Markets often swing between fear and excitement.
This idea does not tell you what to buy. It helps you notice when people may be too confident or too scared.
What to notice
People get scared together
When everyone is afraid, prices may already include a lot of bad news.
Use it as a reminder
The pendulum is not a signal. It is a reminder to slow down before acting.
Next checks
Start with the workflow, then branch out.
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