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P/C ratio=The greed level is the same as just before the March crash

Posted by Richard640 @ 18:31 on June 30, 2020  

Great chart from

@JC_OHara_

, Chief Market Technician at MKM Partners, interviewed at Bloomberg:

“Currently, the Put/Call Ratio for the $NDX top 5 weighted names (40% of the index) is telling us that the market is extremely greedy – everybody is on the same side of the trade.” The greed level is the same as just before the March crash
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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.