{"id":42064,"date":"2018-01-05T01:39:48","date_gmt":"2018-01-05T09:39:48","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=42064"},"modified":"2018-01-05T01:39:48","modified_gmt":"2018-01-05T09:39:48","slug":"t2108-update-180104","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/","title":{"rendered":"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field"},"content":{"rendered":"<p><strong>AT40<\/strong> = 65.7% of stocks are trading above their respective 40-day moving averages (DMAs)<br \/>\n<strong>AT200<\/strong> = 63.2% of stocks are trading above their respective 200DMAs<br \/>\n<strong>VIX<\/strong> = 9.2 (was as low as 8.9)<br \/>\n<strong>Short-term Trading Call<\/strong>: cautiously bullish<\/p>\n<p><strong>Commentary<\/strong><br \/>\nThe S&#038;P 500 (SPY) burst higher yet again and spent most of the day at or above its upper-Bollinger Band (BB). Technically, the index is getting stretched. Combine that move with a volatility index, the VIX, which barely closed above its all-time low for the second day in a row, and conditions are ripe for a pause and a pullback for the stock market.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_42067\" aria-describedby=\"caption-attachment-42067\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg\" alt=\"A shot straight up so far in 2018 for the S&amp;P 500 (SPY).\" width=\"550\" height=\"515\" class=\"size-full wp-image-42067\" \/><\/a><figcaption id=\"caption-attachment-42067\" class=\"wp-caption-text\">A shot straight up so far in 2018 for the S&#038;P 500 (SPY).<\/figcaption><\/figure><\/p>\n<p><figure id=\"attachment_42068\" aria-describedby=\"caption-attachment-42068\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_VIX.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_VIX.jpg\" alt=\"The volatility index, the VIX, is once again scraping at all-time lows. Note how little time the index typically spends at these low levels.\" width=\"550\" height=\"500\" class=\"size-full wp-image-42068\" \/><\/a><figcaption id=\"caption-attachment-42068\" class=\"wp-caption-text\">The volatility index, the VIX, is once again scraping at all-time lows. Note how little time the index typically spends at these low levels.<\/figcaption><\/figure><br \/>\n<\/center> <\/p>\n<p>Given the short amount of time the VIX typically spends at these low levels, I promptly bought a fresh tranche of call options on ProShares Ultra VIX Short-Term Futures (UVXY). Per the trading strategy, I plan to sell these calls at the first large spike in volatility. The volatility faders still dominate trading and have been quite effective at grinding volatility back into extremely low levels.<\/p>\n<p>AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), is still struggling to gain momentum and challenge the overbought threshold at 70%. Thus, the S&#038;P 500 is once again outstretching the field. The inability of buyers to expand breadth on the stock market&#8217;s latest march higher is a classic AT40 sign of buyer exhaustion for the <strong>general<\/strong> stock market. The longer AT40 spends churning below 70%, the less likely it will break into overbought territory before it pulls back. Of course, recall that AT40 can decline for quite some time before the major indices (aka the biggest stocks) decide to follow suit.<\/p>\n<p>The raging bull market has turned the anticipation of pullbacks into a quaint exercise in nostalgia. I am not even changing the short-term trading call and expect the next dip to be quite buyable even if all that awaits around the corner is a pause and another shallow pullback. The coming earnings season is the most likely catalyst for the next pause\/pullback.<\/p>\n<p><strong>STOCK CHART REVIEWS<\/strong><\/p>\n<p><strong>Caterpillar<\/strong> (CAT)<br \/>\nCAT is still one of my favorite individual stocks for flagging market sentiment. The stock has experienced a near relentless rally since last summer interrupted by the briefest of pauses and shallowest of dips. I have long since stopped using CAT put options to hedge my bullish positions. This week, I decided to take a swing with a call option as CAT took a pause at the bottom of its uptrending Bollinger Band (BB) channel. Today&#8217;s 1.4% gain seems to validate that move. I am targeting more all-time highs and an eventual trip to at least $162.50 before the next pause.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_42065\" aria-describedby=\"caption-attachment-42065\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_CAT.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_CAT.jpg\" alt=\"Caterpillar (CAT) took a brief and shallow pause at the bottom of its upper-Bollinger Band (BB) channel before moving higher again on healthy trading volume.\" width=\"550\" height=\"533\" class=\"size-full wp-image-42065\" \/><\/a><figcaption id=\"caption-attachment-42065\" class=\"wp-caption-text\">Caterpillar (CAT) took a brief and shallow pause at the bottom of its upper-Bollinger Band (BB) channel before moving higher again on healthy trading volume.<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>&#8212; &#8211; &#8212;<br \/>\n<center><br \/>\n<strong>FOLLOW Dr. Duru&#8217;s commentary on financial markets via <a href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=onetwentytwo\" target=\"_blank\">email<\/a>, <a href=\"http:\/\/stocktwits.com\/DrDuru\" target=\"_blank\">StockTwits<\/a>, <a href=\"https:\/\/twitter.com\/DrDuru\" target=\"_blank\">Twitter<\/a>, and even <a href=\"https:\/\/www.instagram.com\/drduru_market_breadth\/\" target=\"_blank\">Instagram<\/a>!<\/strong><br \/>\n<\/center><\/p>\n<p>&#8220;Above the 40&#8221; uses the percentage of stocks trading above their respective 40-day moving averages (DMAs) to assess the technical health of the stock market and to identify extremes in market sentiment that are likely to reverse. Abbreviated as AT40, Above the 40 is an alternative label for &#8220;T2108&#8221; which was created by <a href=\"http:\/\/www.worden.com\/CURRENTAFPROMO.aspx?AFCODE=866\" target=\"_blank\">Worden<\/a>. Learn more about T2108 on my <a href=\"http:\/\/drduru.com\/onetwentytwo\/about\/t2108-resource-page\/\">T2108 Resource Page<\/a>. AT200, or T2107, measures the percentage of stocks trading above their respective 200DMAs.<\/p>\n<p><strong>Active AT40 (T2108) periods<\/strong>: Day #468 over 20%, Day #282 over 30%, Day #82 over 40%, Day #30 over 50%, Day #21 over 60% (overperiod), Day #56 under 70%<\/p>\n<p><center><br \/>\n<strong>Daily AT40 (T2108)<\/strong><br \/>\n<a href=\"http:\/\/www.drduru.com\/money\/charts\/T2108-daily_s.png\"><img loading=\"lazy\" decoding=\"async\" title=\"T2108 (DAILY)\" src=\"http:\/\/www.drduru.com\/money\/charts\/T2108-daily_s.png\" alt=\"\" width=\"500\" height=\"350\" \/><\/a><\/p>\n<p>Black line: AT40 (T2108) (% measured on the right)<br \/>\nRed line: Overbought threshold (70%); Blue line: Oversold threshold (20%)<br \/>\n<\/center><\/p>\n<p><center><br \/>\n<strong>Weekly AT40 (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\" \/><\/a><br \/>\n*<strong>All charts created using <\/strong><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 my LATEST updates independent of the date of this given AT40 post. For my latest AT40 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=\"hhttp:\/\/drduru.com\/onetwentytwo\/about\/t2108-resource-page\/\">The T2108 Resource Page<\/a><br \/>\nYou can <a href=\"http:\/\/twitter.com\/#!\/search\/%23T2108\">follow real-time T2108 commentary<\/a> on twitter using the #T2108 or #AT40 hashtags. 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>.<\/p>\n<p>Be careful out there!<\/p>\n<p>Full disclosure: long UVXY calls, long BHP calls<\/p>\n<p>*Charting notes: FreeStockCharts.com uses midnight U.S. Eastern time as the close for currencies. Stock prices are not adjusted for dividends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AT40 = 65.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.2% of stocks are trading above their respective 200DMAs VIX = 9.2 (was as low as 8.9) Short-term Trading Call: cautiously bullish Commentary The S&#038;P 500 (SPY) burst higher yet again and spent most of the day at or &#8230; <a title=\"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/\">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":[584,43,62,920],"tags":[1819,64,65,362,226,303],"class_list":["post-42064","post","type-post","status-publish","format-standard","hentry","category-bollinger-band","category-industrial-sector","category-technical-analysis","category-uptrend","tag-at40","tag-cat","tag-sp-500","tag-spy","tag-t2108","tag-vix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Above the 40 (January 4, 2018) - The S&amp;P 500 Once Again Outstretches the Field - 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\/2018\/01\/05\/t2108-update-180104\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Above the 40 (January 4, 2018) - The S&amp;P 500 Once Again Outstretches the Field - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"AT40 = 65.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.2% of stocks are trading above their respective 200DMAs VIX = 9.2 (was as low as 8.9) Short-term Trading Call: cautiously bullish Commentary The S&#038;P 500 (SPY) burst higher yet again and spent most of the day at or ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-05T09:39:48+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg\" \/>\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\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field\",\"datePublished\":\"2018-01-05T09:39:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/\"},\"wordCount\":762,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/180104_SP500.jpg\",\"keywords\":[\"AT40\",\"CAT\",\"S&amp;P 500\",\"SPY\",\"T2108\",\"VIX\"],\"articleSection\":[\"Bollinger Band\",\"Industrial Sector\",\"Technical Analysis\",\"Uptrend\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/\",\"name\":\"Above the 40 (January 4, 2018) - The S&P 500 Once Again Outstretches the Field - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/180104_SP500.jpg\",\"datePublished\":\"2018-01-05T09:39:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/180104_SP500.jpg\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/180104_SP500.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/01\\\/05\\\/t2108-update-180104\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field\"}]},{\"@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":"Above the 40 (January 4, 2018) - The S&P 500 Once Again Outstretches the Field - 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\/2018\/01\/05\/t2108-update-180104\/","og_locale":"en_US","og_type":"article","og_title":"Above the 40 (January 4, 2018) - The S&P 500 Once Again Outstretches the Field - ONE-TWENTY TWO: Trading Financial Markets","og_description":"AT40 = 65.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.2% of stocks are trading above their respective 200DMAs VIX = 9.2 (was as low as 8.9) Short-term Trading Call: cautiously bullish Commentary The S&#038;P 500 (SPY) burst higher yet again and spent most of the day at or ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2018-01-05T09:39:48+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg","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\/2018\/01\/05\/t2108-update-180104\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field","datePublished":"2018-01-05T09:39:48+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/"},"wordCount":762,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg","keywords":["AT40","CAT","S&amp;P 500","SPY","T2108","VIX"],"articleSection":["Bollinger Band","Industrial Sector","Technical Analysis","Uptrend"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/","url":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/","name":"Above the 40 (January 4, 2018) - The S&P 500 Once Again Outstretches the Field - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg","datePublished":"2018-01-05T09:39:48+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/01\/180104_SP500.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/01\/05\/t2108-update-180104\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Above the 40 (January 4, 2018) &#8211; The S&#038;P 500 Once Again Outstretches the Field"}]},{"@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\/42064","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=42064"}],"version-history":[{"count":5,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/42064\/revisions"}],"predecessor-version":[{"id":42072,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/42064\/revisions\/42072"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=42064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=42064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=42064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}