A "new indicator" to add to the arsenal! The 600dma of the put-call ratio! (From wndysrf commenting at Clearstation).
Another new, all-time world record high in stock market pessimism today.
The 600-day Put/Call moving average finally broke out and reached a shocking .97 today.
The 500-day Put/Call moving average accelerating upward like a Saturn V rocket and is just a hairs breadth from reaching 1.00.
The Equity Put/Call ratio was redlining the last two hours of trading today, didn't back off one bit. Check it out.
