mrnatural here is the chart I was speaking about on using spx option Put/Call ratio as a signal. They are the most Bearish at tops and the most bullish at bottoms. Typically it stays between 1.65 and 1.75. We closed yesterday at 1.69. I like following this, as it keeps me from being too bullish or too bearish at certain points. I brought this up to AA, who does a great job at looking at larger time frames, because he was suggesting we could be starting a big 3 wave decline off of the 1406 top and IMO, based on the spx 500 options currently and when 1406 occurred, we were closer to a bullish signal then a bearish one.