Turkish Lira Poised For More Weakness As September Fed Rate Decision Looms

The trade on the blow-off top on USD/TRY, the U.S. dollar versus the Turkish lira, turned out to be short-lived. Now, the lira looks poised for a lot more weakness. USD/TRY never cracked the low of the day from the blow-off top, and now it is starting into a new uptrend. Source: FreeStockCharts.com Last week, … Read more

T2108 Update (September 2, 2015) – Topping Action for Volatility

(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 Update (September 1, 2015) – Stock Market Sellers Boldly Press Into A Now Historic Oversold Period

(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 Update (August 31, 2015) – The S&P 500 Ends A Tough August With A Mix of Signals

(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 Update (August 28, 2015) – The Stock Market Remains Oversold, But It’s Almost Like Nothing Happened

(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 Update (August 27, 2015) – The Volatility Index Hits A New Milestone On Follow-Through Stock Buying

(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 Update (August 26, 2015) – The VIX Remains Rangebound As Stock Buyers Finally Close Strongly

(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 Update (August 25, 2015) – Sellers Maintain Control of the Stock Market

(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 Update (August 24, 2015) – How To Profit From An EPIC Oversold Period

(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

Disney’s Bearish Breakdown: A Case Study of Risk Management for Long-Term Investors

The stock of Disney (DIS) has suffered a massive and very bearish breakdown this month. At the time of writing, the stock has lost 19% since closing at its last all-time high. Source: FreeStockCharts.com Disney’s first breakdown came earlier this month. The stock lost 9.2% and closed below its 50-day moving average (DMA) on extremely … Read more