Equity Put Call Ratio spiked 5 times and remained above average for 28 trading days (or 38 calendar days) during the initial q1 2020 Covid sell off, Feb 24 to April 2nd.
Let the selling play out. Looks too early to turn bullish, but everyone appears to be rushing to the same side of the boat (and peering over the side saying that water looks cold and...
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS **
Very interesting day today where even though we GOT the stimulus bill, the market did not seem satisfied. We remained under the major support (now resistance) trendline in red, which has served as support since the coronavirus low. There are 2 reasons this may have happened: (1)There...
Here it is, up cluse and personal.
This is the Put/Call Ratio 14 day RSI. - A highly reliable indicator of 93.8% accuracy.
Dump ALL risk assets - including the highly correlated Precious Metals!! - here!
The raw PCCE
Here is the VIX
... and the FAANGs
... and the AUDUSD
... and the USD (DXY)
... and Gold
Just how many more clues does one really...
Hello,
Here I've analyzed the PCCE (Put/Call Ratio Equities) in the monthly time frame.
Something extremely concerning is taking place for the coming months. We are close to hitting .45 on the put/call ratio which is in extremely overbought territory. What this means is when we are in this level, all of the buying power in the market is already in the market. We...
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.
personal attempt at cycle review for odds of short term increased volatility with increase in put/call ratio. Past indicator have lead to pullbacks and resets of trend. Had recent new low in ratio would imply a greater snap back. Just personal tracking and thought.
The CBOE 10D Put/Call sentiment shows very upbeat sentiment among market participants. They fear on missing out a year-end rally. Unfortunately, current readings coincided with those near tops during the past 42 months. Larger corrections unfolded shortly after the reading and further upside was limited at best.
