CPC Put/Call Ratio

CPC put/call ratio displays the complete lack of fear around, absolute complacency, why there's blue skies everywhere you look. As history shows, this is the time that the broad markets typically crack open like an egg. The low sub 0.6 number in January matches the low back in April 2010 a couple weeks before that market cracked. We are at that point now, an educated guess would be that the broad markets start to sell off any day. Once the broad markets do start selling, the negativity will not be rung out until this charts posts a number above 1.2.

Note the red line at 0.7 which means traders have no fear of the markets going down. A signal that will verify the upward move in the CPC and indicate broad market selling is the 10 and 21 MA cross. Now only two cents apart, 0.85 and 0.87, respectively. Once the 10 MA moves above the 20 MA and we see price above the 10 above the 20, that will confirm a further up move in the CPC and further broad market selling ahead. 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 finanical advisor before making any investment decision.