The equity put/call ratio (10-day moving average) is signalling exuberance and is starting to turn back up, a classic sign before the end of a rally. $SPX$SPYmarketcharts.com/page/8f7de4…
The Nasdaq 100's impressive 13-day winning streak is almost 5 standard deviations above the average.
It has never had a winning streak above 18 days, which ended on May 24th, 1990.
Backtest in comments 👇
marketcharts.com/page/5dcde9…$NDX
The VIX has fallen for 7 straight days, which on average happens less than once per year.
The longest streak of declines was 10 days.
marketcharts.com/page/e8b30b…$SPX$SPY
Impressive 2-week $SPX performance, at 7.45% so far!
Over the past 10 years, the average 2-week performance has been 0.52%.
marketcharts.com/page/cdff6c…$SPY
The $SPX is having the longest winning streak (7 days) since last October, and potentially since May if today's futures action continues.
Winning streaks at 7 days or more is around 3 standard deviations above the average.
marketcharts.com/page/93c81d…$SPY