Put to Call Ratio Dangerously Low SPY
Put to call ratio has breached the 1.5 standard deviation on the daily chart for SPY. Historically, this can be one of many indicators that a dumping is imminent. If you look back on the chart, you can see what generally follows this type of P/C ratio low point.
It makes perfect sense logically; as soon as everyone is confident the bulls are in charge, this time with big earnings coming up, it fosters the ideal time for big bears to take over leaving Robin Hood accounts high and dry.
Based on last night's futures activity and last week's activity, I would imagine we might have one final push up from stimulus or some other nonsense they can come up with, but we are very much on the edge of collapse here.
Though it will be a long, slow, painful death, I would be sure to have your wits about you in this very uncertain time, and stay mostly in cash or other securities contrary to traditional markets.
It makes perfect sense logically; as soon as everyone is confident the bulls are in charge, this time with big earnings coming up, it fosters the ideal time for big bears to take over leaving Robin Hood accounts high and dry.
Based on last night's futures activity and last week's activity, I would imagine we might have one final push up from stimulus or some other nonsense they can come up with, but we are very much on the edge of collapse here.
Though it will be a long, slow, painful death, I would be sure to have your wits about you in this very uncertain time, and stay mostly in cash or other securities contrary to traditional markets.
コメント:
ummm anyone else see what's going on on the DOM!?!?!? YIKES!! major dumpage rampage
The prediction is in...
= FIB
= FIB