Trading the S&P500
ALSO LOOKING AT ECONOMIC TRENDS AND OTHER ASSET CLASSES
Saturday, May 12, 2012
Looking toppy
I am not going to get bearish here, this is still a bull by many measures, but a long term view of the 5 day ema of the put/call ratio is looking toppy.
5 day ema of the put/call ratio from 2005 to today
click to enlarge
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