Cobra's Market View

This is just to place a chart here for the discussion in my blog. When OEX put/call ratio moving average is way too high like now, the market was choppy ahead. So this supports my weekend view about not so bright intermediate-term.

Thanks. Actually clicking on the historical link will show the 10DMA is at an alltime high on a par with Jan 2000.

I mean, click on "Click here for current view"

lightfantastic wrote:I mean, click on "Click here for current view"

No, current view only shows up to 2009.

Click on current view. You will see the 10 DMA at 2.1

Then click back to the historical view. You will see that 2.1 is the highest since Jan 200.

lightfantastic wrote:Click on current view. You will see the 10 DMA at 2.1

Then click back to the historical view. You will see that 2.1 is the highest since Jan 200.

Here is the current view and the history view. The current reading is very high, no doubt.