Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Monday, August 1, 2011
CPC Put/Call Ratio Daily Chart
CPC showing where the market tops occur with the red circles and the market bottoms with the green circles. The 0.7 and 1.2 levels always worth watching. Last print was 1.2 consistent with a bottom and a bounce coming with the markets. Note the compression of the last cycle, CPC telling you to short mid July and now go long since 1.2 was hit. Now you simply see how much legs the upside move has and if complacency enters the markets to post a 0.7-ish number again. Note how the CPC is more consistent in calling the tops while the bottom calls cover a wider range. 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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