ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 Status: 67.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.8% of stocks are trading above their respective 200DMAs VIX Status: 12.0 (volatility index) Short-term Trading Call: neutral Commentary The S&P 500 (SPY) printed a positive gain for the 7th straight trading day and the 10th of the last … Read more
I have heard you loud and clear: it is time to part ways with the T2108 brand. T2108 is a daily technical indicator provided by TC2000, a stock charting program created by Worden Brothers, Inc. T2108 represents the percentage of stocks trading above their respective 40-day moving averages (DMAs). My former trading mentor, TraderMike (now … Read more
(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 T2108, see my T2108 Resource Page. T2107 measures the percentage of stocks trading above their respective 200DMAs.) T2108 Status: 53.9% T2107 Status: 65.4% VIX … Read more
(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
(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