SPX vs CBOE Equity Put / Call Ratio | Extreme Greed

On Wednesday, Dec. 7th the CBOE Equity Put / Call Ratio closed at 0.46, signalling extreme greed. In fact this is the lowest Put/Call Ratio value since June 10th, 2015. On June 11th the SPX turned down.

CNN's Fear & Greed Index signals a market high is near or in.
Source: CNN Fear & Greed Index