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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.48+0.3%Nov 5 4:00 PM EST

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To: Seismo who wrote (118586)1/8/2019 6:44:53 PM
From: GROUND ZERO™  Read Replies (1) of 218450
 
The weekly NYSE Put/Call ratio cannot be ignored... it has now moved into the buy zone as of last Friday... it takes a lot to move that needle, so one or two days pull back, if that's what we get, is nothing over the big picture...

That's presuming we get a pull back at all...

Between Donald's speech tonight and powell's blather again tomorrow at 2 pm, these markets will surely have plenty to digest, but it will very likely resolve higher as long as that ratio remain in the buy zone... but, we'll see...

GZ
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