T2108 Update (August 19, 2013) – S&P 500 Stretched Into A Breakdown And Still Quasi-Oversold; Apple Surges Into A Milestone
(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 highly gap down 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 … Read more