A proprietary indicator developed by Market Harmonics to measure bullish and bearish sentiment trends and potential reversals in the NASDAQ and tech-related
2. Put/Call Ratio---
Daily Put/Call ratio data based on total CBOE options volume.
3. Volatility Index (VIX)---
Vix is generally considered the fear gauge in the market and always spikes higher when the markets are declining and people are panicking. Short term bottoms are usually close when the vix gets between 30-40.
4. Investors Intelligence Survey---
Charts created from weekly data courtesy of Investors Intelligence. The data is used to determine the ratio of bulls to bears to signal potential sentiment extremes that lead to market reversals. Not as reliable as the other indicators but is useful when the indicator is at an extreme.
5. ISEE Sentiment Indicator-
Is an indicator that uses the number of calls and puts purchased by customers on the International Stock Exchange and does not include market makers. Generally a number above 225 means the market is bullish and is likely near a top. Conversely a number near 100 means the market is negative and the market is near a short term bottom. I only use the 10 day moving average.