PC trade ideas
PUT/CALL BUY SIGNAL 2nd one Record high coming The put/call model see RED arrows Has given a second buy signal . As I have said for sometime to review 2007 july to oct charts . I look for a labored final leg up in wave C in the diagonal wave C up can be as short as .618 328 pts =5731 and on avg travel .786 418 pts =5810 of the last up leg . best of trades WAVETIMER
PUT CALL BUY SIGNAL MAJOR SP 5760/5880 The chart posted is my 20 day put/call . We have now reach a .50 % of the drop in QQQ and we have broke above .618 and 50 % of the drop in the sp 500 cash . We are alos forming clean 5 waves up patterns based on this chart in the put /call alone I must view the correction as OVER I had saw a chance to drop into 8/12 but the structure has turned up . Once we break above todays high n on a closing basis I will look for the min of a .786 to re think . Wavetimer
20 day PUT/CALL SELL is now been given I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we stopped at 5048 . The nyse as just seen a record high today on a print basis and as we are very close the ENEMY of Good is PERFECTION
BEAR TRAP ENDED BULL PHASE TO SEPT 10 /oct10 focus 9/21 topThe chart posted has given what state is a very clear ALL GO for the LAST BULL MARKET LEG. This last leg will end into mid sept . I will post more but a min is 4666/4731 . This will mark the END of The bull rally from oct 2022 and we will then see a very neg cycle One in which you all do not want to in the market for . Use this leg to Sell all long term holdings into WAVE B
PUT CALL BUY SIGNAL is been given The chart posted is the 5 ,10 and 20 day p/c model The green flag is up this should lead to the final rally of 2023 to peak on or about sept 10 th target is 4666 ideal but from 4631 to 4731 will be there I will exit ALL LONGS THIS IS THE LAST WAVE UP . I then see the break down which should be rather steep and prolonged in a very deep recession as the deflationary cycle is and will be clear based on my work in money velocity . The consumer will be contracting and spending habits will drop very fast due to the paying back of student debt and housing deflation in the rent markets .
Put Call Ratio Up, Stocks Down?In 2023 the relationship between the Put Call Ratio and Indices has been clear. Put Call Ratio Up, Stocks Down. And vis-a-versa. Why? Significantly fewer Puts relative to Calls is not often sustained for too long and it reverts to mean. As more Puts are added, dealers hedge, forcing them to short in the outright market. Furthermore, if money managers are heavily exposed to long stocks and indices (as they are now) AND they have low levels of Put options to hedge those positions, then if aggressive selling begins, panic selling can follow. So no news, down slowly? Bad news, down quickly?
I now have a PUT/CALL SELLThe chart posted is that of the p/c model last week I said I had a BUY signal and to which I was given so much grief from traders It was spot on and all alt targets met and the 17 day shift from 2018 called for the peak on or about july 17 .I now have moved to a net short looking for a very sharp drop or worst into aug 25th I am net long march and feb in the money puts in QQQ and SMH . best of trades WAVETIMER
PUT/CALL BUY is been given it is going to 70 on a 10 n 20 dayThe chart posted is the put call on a 10 and 20 day avg one my my best tools it should bottome at or near the same low point as it did on 4/4/2022 the qqq were ate 370 area at that time we are now at 77 on it .Conclusion the QQQ will now rally above fib relationship at the 371.6 wave a or 1 x 1.618 to 378/383 . based on this alone . Have taken a net long calls in GOOG
PUT CALL 10 DAY SELL SIGNAL IS NOW BEING GIVEN MOVE TO LONG PUTSThe put call model as well as high level of Bullish put call model is now giving a great signal as well as fib cycles and golden ratio price projection! I am now moving to net short ALL INDEXES AND LONG 75 TO 80 % IN THE MONEY PUTS IN SPY QQQ AND SOON NVDA
