RCharts2020

Equity Put/Call ratio Decade low

Short
USI:PCCE   PUT/CALL RATIO (EQUITIES) - CBOE
The Equity Put/Call ratio has reached a low not seen in the last decade. The last 2 times it got close to this low the market corrected significantly beteween 25-30%.

This may be a strong indicator of a market top - valuations in tech companies and the S&P are extremely stretched.
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