{"id":36427,"date":"2016-09-29T01:14:29","date_gmt":"2016-09-29T08:14:29","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=36427"},"modified":"2016-09-29T01:14:29","modified_gmt":"2016-09-29T08:14:29","slug":"t2108-update-160928","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2016\/09\/29\/t2108-update-160928\/","title":{"rendered":"T2108 Update (September 28, 2016) – Oil Price Manipulation Excites the Stock Market"},"content":{"rendered":"

(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<\/a>. You can follow real-time T2108 commentary<\/a> on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on twitter using the #120trade hashtag<\/a>. T2107 measures the percentage of stocks trading above their respective 200DMAs)<\/p>\n

T2108 Status<\/strong>: 53.1%
\nT2107 Status<\/strong>: 71.6%
\nVIX Status<\/strong>: 12.4
\nGeneral (Short-term) Trading Call<\/strong>: neutral
\nActive T2108 periods<\/strong>: Day #154 over 20%, Day #10 over 30%, Day #4 over 40%, Day #1 over 50% (overperiod, ending 3 days under 50%), Day #14 under 60% (underperiod), Day #40 under 70%<\/p>\n

Commentary<\/strong><\/p>\n

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Gotta love it when the stock market celebrates that we'll be paying more for oil because of market manipulation. $USO<\/a> $SPY<\/a> $UGA<\/a><\/p>\n

— Dr. Duru (@DrDuru) September 28, 2016<\/a><\/p><\/blockquote>\n