This Contrarian Indicator says Market has Bottomed?

My Courses and Guides🍎🍎
💵Bulletproof Your Portfolio 40% Off! https://heresyfinancial.teachable.com/p/bulletproof-your-portfolio?coupon_code=40OFF&product_id=4166105

Have you ever heard of the put/call ratio? Well, don't worry if you haven't, I'm going to explain exactly what it is and why this professional trading indicator, or contrary in indicator, is showing that we might be in for a bottom, at least temporarily, in the stock market.

Take a look with me at the put/call ratio, (the CBOE Equity Call Ratio). This is at 1.46 as of November 16th this year.

You can see that over the last couple of months it has never been anywhere near this high except for a few times this month. But it gets even more interesting when we take a look at a longer time frame going back to 2018. The only time it ever came close to its peak right now of 1.4, was in March of 2020 when it hit 1.28.

Timecodes
0:00 CBOE Put/Call Ratio
1:20 Portfolio Allocation Mastery Course
1:50 Sentiment Indicators
2:37 Equity, Index and Total Option Volume

🔑Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝Weekly Newsletter https://heresyfinancial.curated.co
📈Advanced Trading with my good friend Gareth Soloway https://heresyfinancial.krtra.com/t/xtZAkTWIuCCp

Gold and Silver🔥🔥
💰Get Paid Interest IN Gold ON Your Gold https://monetary-metals.com/heresy-financial/
📱Buy Vaulted Gold https://vaulted.blbvux.net/2rXX47
🔒OneGold Gold/Silver/Platinum (Code Heresy1x) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get $100 of BTC) https://itrust.capital/heresy

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get $100 of BTC) https://itrust.capital/heresy
🦢Best Place to Buy Bitcoin (Get $10 of BTC) http://bit.ly/swnhrsy
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
📖My Bookshelf https://ur7hr.glideapp.io/
☕️Merch https://heresy-financial.creator-spring.com
🤝Join my private community on Locals https://heresyfinancial.locals.com

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#ContrarianIndicator #MarketBottom #PutCallRatio