Monday, September 28, 2015

CPC and CPCE Put/Call Ratios Daily Charts

The put/call ratio's ramp higher as fear and panic grows. The green circles are a sufficient level of fear to create a near-term market bottom. The TRIN Arms Index prints 2.91 displaying uber negativity and this is consistent where a rally should occur for a day or three (to send the TRIN back down towards neutral 1.00). Ditto the TICK machine that was printing -1000 and -1200 ticks left and right today. All these parameters signal a near-term market bottom at hand (for short-term trading). The SPX should rally which will send the put/call ratios lower as the green arrows indicate. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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