Afternoon Thread

Sentimentrader.com

The bulls have been actively buying the dip this morning and are attempting to fill the overnight gap in S&P futures here at 1272. The image above is an intraday snapshot of the OEX P/C ratio... sometimes considered the "smart money". Usually, the bulls will struggle a bit when it is above 2 and CBOE P/C is under 1 (last read was .88).