On August 18, 2025 it was noted that a decline is expected during the last quarter of 2025. This is based on key points in the Fear and Greed 5-Day average put/call ratio. The following chart identifies key points when investors were overweight in their holdings of call options.
In addition to this a signal from the NASDAQ Hindenburg Omen Index appeared on September 4, 2025. This signal is consistent with a previous reading that followed the Fear and Greed put/call ratio.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.


