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Re: Option expiration, cycles and sell signal
My apologies Potifar but I don't follow the put/call ratio right now. What I have been seeing is a market stuck around the striking price of 132.50. If the market can disconnect, we will see 135.00 as another area of interest. After tomorrow, we may see strength but in general, it is a market with a great deal of resistance. I may be wrong but I don't see a bull market until late this year or even next.