According to The Kobeissi Letter, trader sentiment is experiencing a notable shift, with the Fear & Greed Index climbing 44 points from its recent low to reach 48, now classified as Neutral. Simultaneously, the S&P 500 has rallied by 800 points since its April 7th low, marking a substantial 17% gain in just 18 trading days and adding an average of $400 billion in market capitalization per day. These figures indicate improving risk appetite and increasing institutional flows, which are relevant indicators for short-term and swing traders assessing entry points and momentum strategies (source: @KobeissiLetter on Twitter, May 1, 2025).