put call data

As you can see below, the put call data is telling us 2 things.

1)  There are lots of people thinking this is a bottom on the market, as people have been buying calls - or betting the market will go considerable higher from here. 

2) The bulls have not got enough power to give us a  nice bounce on the market. 

It seems the bulls have lost their mojo here, and we are thinking the market is still feeling pressure here.

put call data

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!

Powered by 123ContactForm | Report abuse

The Put Call Ratio

The chart below is the up to date put call data  - Which we have been talking about in the VIP ROOM HERE!

As you can see the smart money has been shorting or selling the market for a few weeks now. Is this the start of a crash, well I doubt that, because we have been in an unrelenting buying environment, its just time to take a rest.

put call data

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!

Powered by 123ContactForm | Report abuse

put call data

The put call ratio on the market hit extremes lately, and that means the indicies might experience a bit of a pullback to equal things out.

We have had quite an extensive rally the last few days, and the market taking a break is still not bearish, it is merely just taking a break in an uptrend (which is normal). We still remain positive for the market at the moment, nothing much has really changed.

The chart below shows evidence we might see a bit of a dip though.

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE 10 Day Trial Offer Today!