On June 2, 2023 the CBOE Put/Call Ratio hit a low of 0.76. This is in the range of what occurred on November 11, 2022 when the ratio hit a low of 0.75. The Dow declined 5.3%, and the S&P500 declined 2.9%.
Stock charts courtesy of StockCharts.com.
Intermarket structural analysis research
On June 2, 2023 the CBOE Put/Call Ratio hit a low of 0.76. This is in the range of what occurred on November 11, 2022 when the ratio hit a low of 0.75. The Dow declined 5.3%, and the S&P500 declined 2.9%.
Stock charts courtesy of StockCharts.com.