8 replies to this topic

[redfoliage2]

PC Ratio increased from 0.4 to 0.67 in the last two day:

 

https://stockcharts....id=p05629810979

Edited by redfoliage2, 05 September 2020 - 08:01 AM.

[redfoliage2]

Rumor said that the extremely low PC ratio was the cause for the sudden selloff before a long weekend .............................

Edited by redfoliage2, 05 September 2020 - 08:17 AM.

[tsharp]

It needs to hook back downward sooner than later, or there may be more to this decline than just an ST pullback:

 

1-year:

 

 

2-year:

 

[tommyt]

PC Ratio increased from 0.4 to 0.67 in the last two day

Cmon, that's not a significant increase. It came off some ridiculously low levels is all. Call a spade a spade.

[CLK]

No matter what you look at, after the turn, there is no way to know future price direction or magnitude

from that point on. You either sell and go 100% cash or hedge. Unfortunately, I went 100% leaps off the March lows, so they underperformed TQQQ by at least 50%, now If I sell all and it goes up I never make what I had planned, last week, they had just started moving good, account was up about 10% per day, then it topped.

[CLK]

Almost a full key reversal in VX, stocks likely rally this week.

 

https://invst.ly/s1d4u

[Dex]

Almost a full key reversal in VX, stocks likely rally this week.
 
https://invst.ly/s1d4u

Possible sell
https://www.optionst...m/weekly-charts

[redfoliage2]

PC Ratio increased from 0.4 to 0.67 in the last two day

Cmon, that's not a significant increase. It came off some ridiculously low levels is all. Call a spade a spade.

This is PC ratio, not SPX.   This change is a lot using the ma50 as the reference.  The market consistently mounted a reversal at this point since April as shown on the daily chart .................

Edited by redfoliage2, 06 September 2020 - 05:24 PM.

[redfoliage2]

The market going to crash?