everything tech is so oversold. Demark signals flashing on daily and weekly. But these put to call ratios show such extreme fear it surprises me.  The contrarian in me says rally.  But wow.

Obviously, tech got really banged up recently. But what is up with the put to call ratios lately? These appear historic. Does this make sense to anyone? 

https://schrts.co/DRtaNvgg
https://schrts.co/awcSTyEC

I have another one in ThinkorSwim for the Nasdaq 100.  It is wildly high.  I feel like either a big January rally is coming or a crash.  

what is lod?

Never mind.I got my answer about the CCI Spy System trade in the newsletter sent tonight (Wednesday night). Catching on. Thank you.

Hey there, I am dabbling with your spy systems and have an entry in what I believe was called the CCI long. Is that the right name? I do not see it in your email sent just now. I assume that one has no possible exit signal pending. Do I understand that right?

Lotta words for a bunch of people who in reality follow the two year yield.

Sorry about all these the site was unresponsive when I posted.

Never mind. Just got some.

Hi, I recently signed up for alerts. I did see some Friday but nothing since. I assume this is expected. Just want to confirm. Thank you.

Taking your lead but will wait till Monday. I had a bad feeling about spy today. As soon as you said EW had you out I went out. 

Thanks for the update. Went long the spy after hours last night. Finally applied for futures trading as well. Will give the minis a whirl at some point.

will do. Thanks.

Bearish sentiment extremes: https://twitter.com/MacroCharts/status/1484495998864920578 

Of course, I recall foolishly trying to game these extremes in 2008 and 2009 while the swings blew through every indicator like a knife through butter. Torture.  I only recently resumed trading (feeling the bull market has expired) and it feels like the same damn extreme environment as 2008 and 2009. 

I find waiting for the reversals and pullbacks to be hit or miss. I win some, lose some and just break even.   Yet gaming a reversal before it happens stretches my sanity. 

I look at all these charts, for setups, and still have not quite figured it out.  I hope I can learn from the frustration. I am missing something.  

thank you!

Rookie question here. But I keep hearing reference to ES in newsletters and forums.  What is that?  Google returned this but I am not sure it is the same: https://www.thebalance.com/profile-of-the-sandp-500-es-futures-market-1031271 

IWM is so oversold I bought the low today. Demark 13 in place. Regretting it now with Netflix getting punched. I imagine tomorrow could be ugly.   

saw that. nasty. 

brutal. NAT GAS always scares me.  caused me some consternation in the past.

Really good Matt. Thank you. I am working symmetry in to approach for sure. 

same!