Vol_to_Valuation

$SPY and Total Put/Call Volume

AMEX:SPY   SPDR S&P 500 ETF TRUST
Through 2021 the 7 day MA of the total Put/Call volume tends to be a good indicator for short-term bottoms in the S&P 500. As expected, heightened volatility is in store. I expect lower prices to come and start to revert around $462-$464.

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