PCC Ratio is looking Bullish
USI:PCC PUT/CALL RATIO (EQUITIES+INDICIES) - CBOE
I have an alert for when the 10-day moving average falls below .8. The PCC spends most of its time between.8 and 1 when the 10 moving average falls below .8 you can count on a bearish reversal in the market. As of right now, we are above that with plenty of room. The reason why I bring this up now is that if we mid-term rally I'm looking for a strong bull push followed by a reversal before we trend. Setting an alert on the PCC for .8 and 1 crossovers will keep you on the right side of the market.