DISCRIPTION Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio)
TIME FRAME 1M
HOW TO USE It provide historic Shiller PE which will provide over-bought or over-sold condition historically from 19th century.
MODIFICATION When the pe ratio crosses 30 considered as Greed When the pe ratio fall below 15 considered as Fear