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Strategies & Market Trends : Waiting for the big Kahuna

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Mario :-)
To: Vitas who wrote (94155)2/10/2014 12:16:10 PM
From: William H Huebl1 Recommendation  Read Replies (1) of 94695
 
Actually, the indicator is based on the inverse of the put-call ratio which makes it the call-put ratio.

The red down arrows show the various crossings of the various indicators over their mas and in the bottom ROC indicator, it seems that the crossing comes before the actual bottom is hit.

When you look at the crossing of the mas in the center chart as well as the 1/$cpc itself, you will see there has yet to be a recovery across the mas of the indicator. Note - that chart contains the indicator with the SPY superimposed.

My thought, if this is not a false signal, is that we will regain DOW 16,000 and the sell off strongly. And that is when the "fun" begins! Because if I am right and that stealth emotionality is entering the market, a break below 15,000 will start a stampede for the doors.

IMHO and all the caveats.

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