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Forgot the significance of this indicator...Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Cobra, what are your thoughts on this reading?Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
if you read this with CBOE reading, you'd find it's interesting.uempel wrote:Cobra, what are your thoughts on this reading?Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Or the wife of the CEO from Micron Technology knows something we don't. The high number appears to all come from April and May 10 calls.Cobra wrote:if you read this with CBOE reading, you'd find it's interesting.uempel wrote:Cobra, what are your thoughts on this reading?Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
ISEE is buy to open and for retailers only, so retailers are buying lots of calls in anticipation of the coming rally to galaxy far far away.
now let's look at the CBOE, the reading is so high, usually CBOE put call ratio leads, so this means overall is bearish, I take it as big guys are cautious.
Statistically ISEE very high could mean a top but it sopped working recently, so I won't read too much of it for now
Well doneJose wrote:My crazy plan on the Nasdaq 100, please abstain from rude comments
15 min chart:
Also because we are so near the top of the channel on 1h