why would a high P/C ratio be negative ? I think we go up further because everybody is shorting like hell into this bounce. Yesterday at Euwax small speculators also bought all kind of short products like cracy. Europe and Germany are still not getting the fact that the "bad boys" US-banks and homebuilders have already turned around strongly. One or 2 more positive days in US and shorts will be running for the exits.
Nice trade, i looked at 3 diffrent sources and there are some diffrences in the values of yesterday's high-low-close. Yesterday i was filled at 6860 while 1 source write the low as 6864 !!! I found the daily S1 in 6876.5... Wish you all a nice and proffit day.
TY! My S1 shows 6879.3, now I couldn't have possibly gone long there, what I meant to say "off S1" is price bounced near S1 & I picked it up when histo started reverting.
Thank you for the information, by the way i agree with you that price "Might slide on a triple D on 1", but it seems that the VIX is going down the last days.
To me that's close enough as ImE these levels are approximate support resistance zones, so I look at how histo is behaving near thereabouts.