Wednesday, July 20, 2011

CPC Put/Call Ratio Daily Chart

CPC printed a 0.67 yesterday. Any spike under 0.7 typically foretells a top in the markets, as all the red circles show. The green circles show bottoms in the markets that typically occur when you see spikes above 1.2. Typically at these lows that spike down, the top occurrs in the markets within four weeks time. The chart shows no fear with this low print so volatility should be moving down as well. Low prints indicate complacency by market bulls. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.

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