T2108 Update (May 6, 2014) – Tight Resistance (Including Chart Reviews for QQQ, SOCL, YELP, GOOG, & Sentiment Check on TWTR)
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more