6 CHARTS THAT WILL KEEP YOU AWAY FROM YOUR BOTTLE OF XANAX DURING THE WEEK AHEAD
click on charts below to enlarge
Put/call ratio moving averages
Equity put/call ratio moving averages
SPY
QQQ
SMH (SEMICONDUCTORS)
AAPL
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June 19, 2011
I want to agree with your line of thinking. Nice thoughts. But recent increase in volume as tech breaks 200MAs has me worried. I guess thats what the market wants to make me think. :-/
June 20, 2011
Joe, I don’t really use moving averages. However, I would prefer to see tech as the leader in strength here instead of being a laggard. I’ll be watching to see how that resolves itself in the coming weeks.