The Bulls need to get the Call/Put Ratio (inverted Put/Call in the chart) up, because a turn from here could become devastating. Also note the little reverse Sell Signal where the Euphoria sets a higher Higher with a lower High in prices.
When you compare today with 2008 you notice that the 10d Call/Put ratio is about the same level from where things turned nasty, where they didn't even had this exceptional euphoria spike we had in April 2010.....THE BULLS NEED TO ACT FAST....
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