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

To: Peace who wrote (123906)	5/5/2019 9:30:27 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222437

Hey, good to see you, all is well, thanks... Yes, definitely, this rally is a bit over done for now... What's your scenario for the next near term and beyond??? TIA GZ

To: Peace who wrote (123906)	5/6/2019 5:16:26 AM
From: GROUND ZERO™	3 Recommendations Recommended By Curbstone Hawkii Mevis Read Replies (2) \| Respond to of 222437

Here's the weekly SP cash chart over the past 12 years with the NYSE put/Call ratio below it... I tried to get both perfectly lined up, I think I got it done pretty well, since the pic was so large it came out a little spotty but it's still clear enough to illustrate here... We can see very clearly ALL market bottoms are matched with a rising peak with the ratio below, and inversely ALL market tops are matched with a deeply declining trough with the ratio... Right now we're looking at another one of those deep troughs, this suggests a market top is reasonably imminent... GZ