T2108 Update – March 26, 2012 (All Systems Go On the Follow-Through)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 62% VIX Status: 14.3% … Read more

T2108 Update – March 22, 2012 (Maintaining Bullish Bias Even As Bearish Case Grows)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 49% VIX Status: 15.6% … Read more

Chart Review: Will Buyers Step Up One More Time As FXI Breaks Down Again?

Two weeks ago, the iShares FTSE China 25 Index Fund (FXI) broke down below its 50 and 200-day moving averages (DMAs) just 5-6 weeks after an important breakout above these MAs. Buyers seemed to treat this as an opportunity to get into FXI before the breakout move resumed. Over the past two days, FXI has … Read more