⛔ EXTREME GREED phase indicates excessive optimism, and prices may be inflated.

When the index reaches 76, it means:

The market is in a state of Extreme Greed, and investors are very enthusiastic and actively buying.

What does this mean for investors?

Prices may be quite high already.

Some investors see it as a chance to sell or take profits.

It can signal a possible price correction soon, as the market may be entering a "bubble" phase.