"No one saw it coming"
C.R.A.P.: Computers, Resources, American Banks, Phone carriers
American Banks. CHECK.
Total Assets Rydex Banking
Pick a crash any crash, or how about the biggest one so far...
Crash risk is defined as the strength of the largest cap companies (S&P 100) relative to the rest of the market (S&P 500). At the end of each cycle, the big boys go down...
S&P 500 rate of change:
Been there, done that...
Mega cap / Micro cap ratio:
Small banks and penny stocks are now leading the market...
A negative and rising PVO indicates that volume levels are increasing. A positive and falling PVO indicates that volume levels are decreasing. Chartists can use this information to confirm or refute movements on the price chart.
