Call Put Ratio at Near Term Low!

cpc-update-3-11-091

Just FYI- Heads Up! The DOW is up. S&P is up. The CPC ratio is at the lowest point on the chart for the period covered including the time just prior to the Oct 10th and Nov 21st lows. This is extremely bearish… it does not mean prices can’t edge up higher from here but the risk is skewed here and lower prices is a higher possibility from this point.

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