{"id":31384,"date":"2015-10-28T01:14:58","date_gmt":"2015-10-28T08:14:58","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=31384"},"modified":"2015-10-28T01:17:07","modified_gmt":"2015-10-28T08:17:07","slug":"t2108-update-151027","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/","title":{"rendered":"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed"},"content":{"rendered":"<p><code><\/code>(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 <a href=\"http:\/\/www.drduru.com\/money\/T2108.htm\">T2108 Resource Page<\/a>. You can <a href=\"http:\/\/twitter.com\/#!\/search\/%23T2108\">follow real-time T2108 commentary<\/a> on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on twitter using <a href=\"http:\/\/twitter.com\/#!\/search\/%23120trade\" target=\"_blank\">the #120trade hashtag<\/a>. T2107 measures the percentage of stocks trading above their respective 200DMAs)<\/p>\n<p><strong>T2108 Status<\/strong>: 55.2%<br \/>\n<strong>T2107 Status<\/strong>: 30.6%<br \/>\n<strong>VIX Status<\/strong>: 15.4<br \/>\n<strong>General (Short-term) Trading Call<\/strong>: neutral, changed from mildly bearish &#8211; see below<br \/>\n<strong>Active T2108 periods<\/strong>: Day #18 over 20%, Day #17 over 30%, Day #17 over 40%, Day #15 over 50% (overperiod), Day #1 under 60% (underperiod), Day #332 under 70%<\/p>\n<p><strong>Reference Charts<\/strong> (click for view of last 6 months from Stockcharts.com):<br \/>\n<a title=\"6-month chart of the S&amp;P 500\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=$SPX&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p14085208538\" target=\"_blank\">S&amp;P 500<\/a> or <a title=\"6-month chart of SPY\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=SPY&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p14085208538\" target=\"_blank\">SPY<\/a><br \/>\n<a title=\"6-month chart of SDS\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=SDS&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">SDS<\/a> (ProShares UltraShort S&amp;P500)<br \/>\n<a title=\"6-month chart of the U.S. dollar\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=$USD&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p25615696567\" target=\"_blank\">U.S. Dollar Index<\/a> (volatility index)<br \/>\n<a title=\"6-month chart of EEM\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=EEM&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">EEM<\/a> (iShares MSCI Emerging Markets)<br \/>\n<a title=\"6-month chart of the VIX\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=$VIX&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p25615696567\" target=\"_blank\">VIX<\/a> (volatility index)<br \/>\n<a title=\"6-month chart of VXX\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=VXX&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">VXX<\/a> (iPath S&amp;P 500 VIX Short-Term Futures ETN)<br \/>\n<a title=\"6-month chart of EWG\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=EWG&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">EWG<\/a> (iShares MSCI Germany Index Fund)<br \/>\n<a title=\"6-month chart of CAT\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=CAT&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">CAT<\/a> (Caterpillar).<br \/>\n<a title=\"6-month chart of IBB\" href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=IBB&amp;p=D&amp;st=2015-04-27&amp;en=2015-10-27&amp;id=p15880085697\" target=\"_blank\">IBB<\/a> (iShares Nasdaq Biotechnology).<\/p>\n<p><strong>Commentary<\/strong><br \/>\nThe day before the Federal Reserve issues yet another decision on monetary policy, the stock market took a turn that raised red flags.<\/p>\n<p>T2108, my favorite technical indicator, plunged to its lowest level in almost three weeks. This move suggests that T2108 will NOT flip overbought anytime soon after all.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_31386\" aria-describedby=\"caption-attachment-31386\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png\" alt=\"T2108, the percentage of stocks trading above their respective 40DMAs, plunges away from the overbought thresdhold\" width=\"550\" height=\"375\" class=\"size-full wp-image-31386\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31386\" class=\"wp-caption-text\">T2108, the percentage of stocks trading above their respective 40DMAs, plunges away from the overbought thresdhold<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>The S&#038;P 500 (SPY) did not follow this sharp move. Instead, the index &#8220;gently&#8221; pulled back to 200DMA support and neatly bounced from there into the close.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_31387\" aria-describedby=\"caption-attachment-31387\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_SP500.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_SP500.png\" alt=\"The S&amp;P 500 pulls off an apparently successful test of support at its 200DMA\" width=\"550\" height=\"375\" class=\"size-full wp-image-31387\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_SP500.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_SP500-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31387\" class=\"wp-caption-text\">The S&#038;P 500 pulls off an apparently successful test of support at its 200DMA<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>The volatility index, the VIX, traded up a mere 0.9% to close just above its pivot line. So no alarm is present here (meaning that there is little point in playing my typical &#8220;fade volatility&#8221; pre\/post-Fed trade).<\/p>\n<p><center><br \/>\n<figure id=\"attachment_31388\" aria-describedby=\"caption-attachment-31388\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_VIX.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_VIX.png\" alt=\"The VIX struggles to close above its pivot line.\" width=\"550\" height=\"375\" class=\"size-full wp-image-31388\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_VIX.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_VIX-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31388\" class=\"wp-caption-text\">The VIX struggles to close above its pivot line.<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>Only the transports provided clear confirmation that underlying technicals for the market took a turn for the worse on the day. The iShares Transportation Average ETF (IYT) dropped 2.7% although it did manage to close above its 50DMA support. Railroad CSX Corp. (CSX) was not so lucky at the end of its 3.8% loss on the day.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_31390\" aria-describedby=\"caption-attachment-31390\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IYT.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IYT.png\" alt=\"Transports take a dive on the day but hold support at the 50DMA.\" width=\"550\" height=\"375\" class=\"size-full wp-image-31390\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IYT.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IYT-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31390\" class=\"wp-caption-text\">Transports take a dive on the day but hold support at the 50DMA.<\/figcaption><\/figure><\/p>\n<p><figure id=\"attachment_31389\" aria-describedby=\"caption-attachment-31389\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_CSX.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_CSX.png\" alt=\"Railroad CSX suffers another 50DMA breakdown\" width=\"550\" height=\"375\" class=\"size-full wp-image-31389\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_CSX.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_CSX-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31389\" class=\"wp-caption-text\">Railroad CSX suffers another 50DMA breakdown<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>I would be very prepared to get more aggressive with short positions if not for the Federal Reserve meeting on Wednesday, October 28, 2015. As usual, I expect the Fed to work its magic to try to soothe any outstanding fears out in the market. However, the volatility index did not increase enough going into the meeting to make a good risk\/reward trade to fade volatility. So, I am stuck in neutral until the Fed ushers down its latest declarations.<\/p>\n<p>The iShares Nasdaq Biotechnology ETF (IBB) also ran contrary to my bias to get more bearish given T2108&#8217;s plunge. IBB continues to show more life. It rallied for a 3.2% gain on the day in an impressive show of relative strength. IBB closed right at its 50DMA resistance so follow-through in the next few days will be key. Note that I sold my last IBB-related position on the spike higher on the previous day. That includes Gilead &#8211; I decided not to risk holding the call options through earnings.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_31393\" aria-describedby=\"caption-attachment-31393\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IBB.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IBB.png\" alt=\"The iShares Nasdaq Biotechnology ETF (IBB) is showing more and more signs of life. Early signs of buying interest are paying off now.\" width=\"550\" height=\"375\" class=\"size-full wp-image-31393\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IBB.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_IBB-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-31393\" class=\"wp-caption-text\">The iShares Nasdaq Biotechnology ETF (IBB) is showing more and more signs of life. Early signs of buying interest are paying off now.<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p><center><br \/>\n<strong>Daily T2108 vs the S&amp;P 500<\/strong><br \/>\n<img loading=\"lazy\" decoding=\"async\" title=\"T2108 vs. the S&amp;P 500 (DAILY)\" src=\"http:\/\/www.drduru.com\/money\/charts\/T2108-daily_s.png\" alt=\"\" width=\"500\" height=\"350\" \/><\/p>\n<p>Black line: T2108 (measured on the right); Green line: S&amp;P 500 (for comparative purposes)<br \/>\nRed line: T2108 Overbought (70%); Blue line: T2108 Oversold (20%)<br \/>\n<\/center><\/p>\n<p><center><br \/>\n<strong>Weekly T2108<\/strong><br \/>\n<a href=\"http:\/\/www.drduru.com\/money\/charts\/T2108-weekly_s.png\"><img loading=\"lazy\" decoding=\"async\" title=\"Weekly T2108\" src=\"http:\/\/www.drduru.com\/money\/charts\/T2108-weekly_s.png\" alt=\"Weekly T2108\" width=\"500\" height=\"350\" \/><br \/>\n*<strong>All charts created using <\/strong><\/a><strong><a title=\"Freestockcharts.com\" href=\"http:\/\/www.freestockcharts.com\/\" target=\"_blank\">freestockcharts.com<\/a><\/strong> unless otherwise stated<\/center><\/p>\n<p>The charts above are the my LATEST updates independent of the date of this given T2108 post. For my latest T2108 post <a href=\"http:\/\/drduru.com\/onetwentytwo\/tag\/t2108\/\" target=\"_blank\">click here<\/a>.<\/p>\n<p>\n<strong>Related links:<\/strong><br \/>\n<a href=\"http:\/\/www.drduru.com\/money\/T2108.htm\">The T2108 Resource Page<\/a><br \/>\n<a href=\"http:\/\/www.drduru.com\/money\/charts\/T2108-daily.jpg\">Expanded daily chart of T2108 versus the S&amp;P 500<\/a><br \/>\n<a href=\"http:\/\/www.drduru.com\/money\/charts\/T2108-weekly.jpg\">Expanded weekly chart of T2108 <\/a><\/p>\n<p>Be careful out there!<\/p>\n<p>Full disclosure: no positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(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 &#8230; <a title=\"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[300,512,62,518],"tags":[388,1522,522,65,226,1597],"class_list":["post-31384","post","type-post","status-publish","format-standard","hentry","category-health-care","category-resistance","category-technical-analysis","category-transportation","tag-csx","tag-ibb","tag-iyt","tag-sp-500","tag-t2108","tag-technical-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(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\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-28T08:14:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-10-28T08:17:07+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed\",\"datePublished\":\"2015-10-28T08:14:58+00:00\",\"dateModified\":\"2015-10-28T08:17:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/\"},\"wordCount\":737,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/151027_T2108.png\",\"keywords\":[\"CSX\",\"IBB\",\"IYT\",\"S&amp;P 500\",\"T2108\",\"Technical Analysis\"],\"articleSection\":[\"Health Care\",\"Resistance\",\"Technical Analysis\",\"Transportation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/\",\"name\":\"T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/151027_T2108.png\",\"datePublished\":\"2015-10-28T08:14:58+00:00\",\"dateModified\":\"2015-10-28T08:17:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/151027_T2108.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/151027_T2108.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2015\\\/10\\\/28\\\/t2108-update-151027\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/","og_locale":"en_US","og_type":"article","og_title":"T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(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","og_url":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2015-10-28T08:14:58+00:00","article_modified_time":"2015-10-28T08:17:07+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed","datePublished":"2015-10-28T08:14:58+00:00","dateModified":"2015-10-28T08:17:07+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/"},"wordCount":737,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png","keywords":["CSX","IBB","IYT","S&amp;P 500","T2108","Technical Analysis"],"articleSection":["Health Care","Resistance","Technical Analysis","Transportation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/","url":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/","name":"T2108 Update (October 27, 2015) - A Red Flag for the Stock Market Ahead of the Fed - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png","datePublished":"2015-10-28T08:14:58+00:00","dateModified":"2015-10-28T08:17:07+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2015\/10\/151027_T2108.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2015\/10\/28\/t2108-update-151027\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"T2108 Update (October 27, 2015) &#8211; A Red Flag for the Stock Market Ahead of the Fed"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/31384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=31384"}],"version-history":[{"count":6,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/31384\/revisions"}],"predecessor-version":[{"id":31396,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/31384\/revisions\/31396"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=31384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=31384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=31384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}