The precision of the Market Mood Indicator is a topic of contention among market professionals. Some suggest that it can forecast the peaks and troughs of the market with accuracy exceeding 90%. However, such claims remain highly debated.
Aside from measuring investor sentiment, MMI deals with emotions such as fear and greed that may drive fear in the market. For this reason, it do... https://www.finowings.com/Trading/what-is-mmi-index-strategy-analysis