OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Capt Hook–a lot of sentiment indicators are showing excessive bullishness-what’s your take as of today?

Posted by Richard640 @ 17:35 on July 1, 2020  

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

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
Image

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.