JAYWIZ Index says ____ NO___ recorded @ .13 & very very bearish
More selling to come, but Im still looking for that March 5th intraday high
Once again with the mars 180 pluto and new moon hitting @ noon on 7th, it appears that the 6th and part of the 7th will sell off.
If the market recovers late Friday like today or better, that opens the door for a very good Monday and Tuesday which already have impressive bullish readings.
Mar 180 pluto = RED ALERT according to those who predict such things.
OEX pc ratio aslo bearish @ .80 and was .77 yesterday
Vix still has room to get closer to 30.00
Gold collapsed today, dow usually follows.
Best wishes
Jay
2 comments:
I think you are wrong about low OEX p/c ratios being bearish. I consider them to be bullish. ISEE c/p ratios are also very low, which is also bullish. IMHO
I agree, Sadie. The CBOE equity
ratios are bullish too. Can they get more bullish? Sure.
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