Put/Call ratio shows support for SP500 can be near [Video]
Hello traders! Risk-off is still here and we can see stocks coming lower, but Put/Call ratio shows SP500 support can be near due to extreme fear and huge pessimism. Volatility may stay here, so carefully at the end of the week as we have more important events such as ECB and NFP. Trump is also always here.
![Put/Call ratio shows support for SP500 can be near [Video]](https://socialstatic.fmpstatic.com/social/202503/41d1fc3b835545f8bb644c95fd68f978.png?x-oss-process=image/resize,w_1280/quality,q_70/format,jpeg)
PC vs. SP500 Daily Chart
Looking at the SP500 wave count, we see potential flat in wave four now trading close to a support, and if we really see a bounce here, I think dollar can fall much further, while US treausires are on the rise.
![Put/Call ratio shows support for SP500 can be near [Video]](https://socialstatic.fmpstatic.com/social/202503/e1e57f6a5a2945988e90764b8e656b90.png?x-oss-process=image/resize,w_1280/quality,q_70/format,jpeg)
SP500 Daily Chart
For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on March 03 2025:
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