Through 2021 the 7 day MA of the total Put/Call volume tends to be a good indicator for short-term bottoms in the S&P 500. As expected, heightened volatility is in store. I expect lower prices to come and start to revert around $462-$464.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.