Sentiment switch from panic to complacencyAfter the selloff in early August due to the Yen carry trade, panic levels exploded. However, over the past 3 weeks, the market is back to extreme complacency and that's not a good sign for the bulls.
PCR
Extreme complacency is a major warningThe analysis done here shows extreme complacency in the market which is indicating a top could be forming. When everyone is bullish you have to be worried.
Is this level of pessimism justified ?The put/call ratio is at extreme levels which is reflecting a very pessimistic sentiment in the market. Typically, this indicator is to be used as a contrarian signal which means some sort of a major bottom could be forming over the next couple weeks.
PCC - Options Volumes 71% DeclineLiquidity within Leveraged products was used to provide
a bid for the Underlying on Gamma/Delta.
With the overall decline in participation, we are seeing
Micro Range Squeezes develop when it is "Time".
Friday's trade was a run to Square, and with the Retail
Options players levered up in 420 Spy Calls... there was no
chance they would be paid.
The PCC remains useful although in a tighter range from .86
to 1.12.
Looking over the June 17s - "an Entity is looking for a deep correction of 20%+"
maximum-pain.com
PCC - Squeeze ZoneWorks every time.
Looking for an RT.
Use the PCC.
Quit guessing.
Don't be a chump.
ALNOV NOVACYT Novacyt big fall today, don't worry medium long term still hasn't broken level but keep an eye out for volatility next week we recommend that you buy if you can to the level you think is appropriate, it is a company that in the medium term has high expectations L.E.D Capital Management has investments and has had large investments in ALNOV, continuing to rely on its potential - THIS IS NOT A FINANCIAL ADVICE AT ALL-
Novacyt Group is an Anglo-French biotechnology group focused on clinical diagnostics, with offices in Camberley, Surrey, United Kingdom and Vélizy-Villacoublay, France. The company produces in vitro and molecular diagnostic tests, supplying an extensive range assays and reagents worldwide.
HE'S GOT BIG CONTRACTS FOR COVID TESTING.
A cordial greeting good investment.
In Spain at 9/04/2021 carefully L.E.D
ALNOV NOVACYT Good morning receive a cordial greeting.
We show you the impressive Novacyt chart, you have at your disposal marked supports and resistances for your investment strategy. We are bullish and what do you think?
Sincerely L.E.D BE SAFE!
In Spain at 21/10/2020
SPY - Contrarian Bullish Outlook - PCRs - ExtendedHoursFlag or Pennant ? Both would be bullish ... Play with time-frame, it seems to match a pennant on most...
However it may be neither, although there are many within it. That tends to serve as a confirmation!
The SPY is an index based ETF for the S&P 500...
