Extreme Panic in Put/Call Ratio = Bottom in Equities soon?

٥ أكتوبر ٢٠٢٣

Yesterday's spike in the CBOE Put/Call Ratio brings it closer to the spikes seen during Covid fall and the December '22 bottom. This is a sign of extreme panic and we could be very near to the bottom in US Equities.

SPX as of 4th Oct closing = 4263.76