Invested Central's Video Chart of the Day from January 25, 2010, discussing the Relative Complacency/Pessimism Ratio.
The +15 to +20% readings represent the greed or complacency present in the market as the short-term moving average of the EOPCR is well below the longer-term moving average.
The -15 to -20% readings represent the dear or pessimism present in the market as the short-term moving average of the EOPCR is well ABOVE the longer-term moving average.