The CNN Fear and Greed index has taken a step back following the last few day's softer stock market. The move lower in stock has been induced by the Coronavirus that send the Shanghai Composite reeling lower. Last week, the CNN Fear and Greed index reached the “Extreme Greed” level [] Furthermore, the 4774 reading of the Bloomberg Greed and Fear index is two standard deviations from the 10-year average, indicating the singularity of price moves in comparison with the mean or a central measure. Statistical theory suggests that about 95 per cent of all price moves of a security or index are within one standard deviation. Manage Greed And Fear with Simple Techniques. Two serious problems in trading, which each one of us has faced at one stage or the other -- Greed and Fear. Most of us are still struggling with these issues. According to Wikipedia Greed is an inordinate or insatiable longing for unneeded excess, especially for excess wealth, status, power, or food.