March 23rd, Charts and Indicators
Click charts to enlarge
$SPXA50
Normally we’d short about here or very soon, right? Beware, this can be a repeat of the Apr-Jun 2007 period.
I’m in “buy the dip mode” at this time, not “short the spikes”.
$CPC
Taking a longer-term look at the put-to-call ratio chart, 1.5 years.
Interesting slope….. More and more call buyers.
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