T2108 Update – June 29, 2011
(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.) T2108 Status: 47% and neutral. VIX Status: 17 (closed below last oversold period). General (Short-term) Trading Call: Hold. Commentary T2108 soared again, closing today at 47% and a high for June. … Read more