I Just found out this info, ( i do not now it is accuracy ) that this is an index put/call ratio. Index options are associated with professional traders and equity options are associated with non-professional traders.
So, if this is True, than my study is totally 100 % correct in the aspect that this PCSPC is watching big sharks eating small fishes ??? meaning it is quite hard to find a Constant buying set up with this PCSPX, because it is when big sharks trap the little fishs .
maybe that's why the numbers are up/down/sideways no easy predictions. I
I could be also wrong.
wish you the best.