Bearish sentiment in the stock market is at an extreme right now. For example, the Put/Call Ratio is at its highest level ever. During such times, the stock market can go down more in the short term (when panic sets in, it’s hard to know the exact bottom). That’s why it’s always better to focus on risk:reward and remain unemotional.
Read more at : https://www.investing.com/analysis/bearish-sentiment-in-the-stock-market-is-at-an-extreme-what-this-means-for-stocks-200370120