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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (85915)	8/19/2016 9:50:03 AM
From: robert b furman	Read Replies (2) \| Respond to of 218821

Hi GZ, Did you see this chart by Breezez ? Da chief requested it. Message 30708112 Shows a dip in put call ratio often has a quick dip in S&P price followed by a resumption up in price from normal reactions (it is a 10 day ma). The price stability up at this high range has been abnormal - confirmed by 2cs hanging in the high 40's. My bet would be a lot of quants have entered short positions here - trapped by an upward breakout - they'd become fuel for the breakout. Just a thought Bob