Meaning...? While I do at times attempt to predict the market, I won't make an attempt to predict June or even next week, but there are statistical biases and patterns that help not getting on the wrong side of the market. Bullish July being one of them. Of course - if someone would use that information to simply buy blindly that ain't gonna help much either as the market may very well drop sharply before reversing (if at all).
whilst nothing in this life is certain..which is exactly why one should never ever over trade..there is no gain without risk.. you don't short when the market has run down..you short when the market has run up in relation to my timing..well..all i can say to that..is.. TIME will tell what is the 'target" based on this chart !
Well, that's not obvious to me just by glancing at those charts. Should it be? But from what I'm looking at, I'd say 4310 and 4286 would be the initial targets below. Is it your experience that put/call ratios can offer worthwhile clues for overall market direction?
FWIW, and that might not be much, I think there's a genuine possibillity we'll print 4400 before any substantial pullback.
Occam's Razor should not be overlooked, meaning considered, during analysis. The market will attempt to inflict the most pain on the most people.