The CBOE equity put/call ratio has been a pretty expert opposite indicator of late. We saw elevated bearishness when the marketplace bottomed early on inward February, as well as and then nosotros saw elevated bearishness earlier this nigh recent marketplace thrust upward.
Now, however, we're seeing levels of bullish see that are at multi-month extremes. If the indicator continues its rails record, nosotros should meet express upside from here.
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