MysteriousPersian

Parabolic formation

FX:SPX500   S&P 500 Index
The real short squeeze is here and the rally goes fully parabolic. Put/call ratio falls to record lows signalling a contrarian signal to sell because of how overly bullish the options market has become.

Neutral here but this is such a big red flag for the short and medium-term outlook of the stock market. I have never found another occurrence of the stock market increasing such a massive amount in such a short time period. Its plain to see that the market is becoming more and more unstable.
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