CPC Put/Call Ratio Daily Chart Signals Significant Market Top

The beat goes on. We have been watching this chart the last couple weeks and it continues to signal a significant market top in place.  The red circles are all the market tops over the last half year. Now that the Fed has fired a permanent bazooka, traders do not expect markets to ever go down again; there is simply something not natural about that. Perhaps markets now go into sell mode since all the important unknowns, are known, and the ideal time to actually go long may occur in October when the CPC is printing above 1.20. 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.