Interesting, the 5-day MA for the $CPC and the $CPCE broke sharply higher today at 11:00 eastern time. This may indicate a trend turn-around, but the 10-day MAs has yet to break. I will post the new graphs after the close today.
This blog contains market summaries using charts from StockCharts. These charts are used to produce tradable trend predictions.
Analysis can include the CBOE Options Total Put/Call Ratio, which has a symbol of $CPC, and the $CPCE; which is the same, but reflects equity stocks only.
Other analyses include the $VIX as a measure of implied market volatility, the $BPSPX as a measure of the S&P bullish percent index, the NYSE Oscillator (NYMO) as a predictor of short term oversold bottoms on spikes to -100, and monthly, weekly, daily, 30-minute and 15-minute stochastics, which is a measure of oversold and overbought conditions.
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