RSI HITTING NEW HIGH ON INDEXES
RSI is constantly hitting new highs on major indexes such as S&P 500, NASDAQ
RSI for S&P 500 just touched 79. Expect trouble soon if and when it reaches 80+ levels.
VIX: Volatility Index reached as high as 16 on January 24. This means excessive fear in the market.
Put/Call Ratio reached a high of 1.1, which means more Put Options were bought than the call options as the investors brace for the market to fall.
KEEP CHECKING US OUT AS WE KEEP UPDATING HERE WITH NEW POSTS/ IDEAS TO UPDATE ON THE MARKET TRENDS.