Equities are looking a little frothy, the 9 ema of the total put call ratio is throwing up caution signs.
This historically shows that everyone who wants to get long is, or is very close to it, i.e. buyers = drying up
A period of consolidation/ profit taking or even a full blown reversal are all on the cards, the only saving grace is that the skew is not signaling an attempt to hedge a 2 std deviation drop from current levels.
This all suggests that any drop from this point, barring news, would constitute a buying opportunity.
This historically shows that everyone who wants to get long is, or is very close to it, i.e. buyers = drying up
A period of consolidation/ profit taking or even a full blown reversal are all on the cards, the only saving grace is that the skew is not signaling an attempt to hedge a 2 std deviation drop from current levels.
This all suggests that any drop from this point, barring news, would constitute a buying opportunity.
For more analysis, consider joining our telegram group for trade updates and ongoing opportunities, link in my profile.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
For more analysis, consider joining our telegram group for trade updates and ongoing opportunities, link in my profile.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.