The vertical ascent of the BB Width Indicator is astonishing as I’ve never known it to go straight up like this. Anytime you see these anomalies in the charts it’s always exciting to see how it plays out (yes..I’m a chart geek).
You can see the contrast better with this 6 yr chart. The 10 day ema is also getting stretched so be watching for a flush out day soon. Either that or this market is about to 
crash.
It seems like just the other day I was complaining there wasn’t any fear in the markets. Judging by the Put/Call, investors are loading up on the puts. While it’s hard to believe this market could bounce, the crowd is never right at extremes. The trick is figuring out if we’re at extremes yet.
