Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: the longhorn who wrote (146403)	7/2/2020 3:03:03 PM
From: GROUND ZERO™	Read Replies (1) of 218580

THE WEEKLY NYSE PUT/CALL RATIO... I'll post it again before the close today, but right now we see another attempt to move deeper into the buy zone... If you look closely at this pattern earlier you will see that it typically extends the rally for another week or so, and then eventually succumbs to the sell zone... So, we could see this rally possibly continue into maybe mid July, but according to this indicator, not much beyond that before a good correction occurs... GZ

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