Is the market all about puts and calls? The above chart says so. I have posted this chart on my blog countless times. I have had a success rate of >90% (remember that nothing is 100% sure) in calling tops and bottoms. 2015 April mid till now was a chopfest, so "my indicator" failed. But anyway coming back to the topic, the market swings according to how the puts and calls are traded?
Or is it that the MAJOR market participants do know the short term outcome and levitate accordingly?
Does it make a difference to know what is going on behind the scenes? Do we care political/ economic drama that goes behind? Not so much.
So, let's get back to business and call a top here. Good luck to all!