A Crowded Bear Trade
On 09/16/22 soon after the SPX made a new correction low, the Put/Call ratio hit its highest level in over a year.
This indicates a huge amount of money buying puts - a bet on more downside action.
Today on the open the SPX bottomed just above the 09/16/22 low.
This is a cowded downside bet - frequently this situation is the prelude to a change in market direction.
Mark
This indicates a huge amount of money buying puts - a bet on more downside action.
Today on the open the SPX bottomed just above the 09/16/22 low.
This is a cowded downside bet - frequently this situation is the prelude to a change in market direction.
Mark
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.