{"id":42679,"date":"2018-02-13T01:07:21","date_gmt":"2018-02-13T09:07:21","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=42679"},"modified":"2018-02-13T23:01:57","modified_gmt":"2018-02-14T07:01:57","slug":"t2108-update-180212","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/","title":{"rendered":"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions"},"content":{"rendered":"<p><strong>AT40<\/strong> = 18.1% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #3)<br \/>\n<strong>AT200<\/strong> = 43.9% of stocks are trading above their respective 200DMAs<br \/>\n<strong>VIX<\/strong> = 25.6 (range from 24.4 to 29.7)<br \/>\n<strong>Short-term Trading Call<\/strong>: bullish<\/p>\n<p><strong>Commentary<\/strong><br \/>\nMy favorite technical indicator made a valiant effort, but it could not quite break out of oversold territory. AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), bounced as high as 20.2%, marginally above the 20% oversold threshold, but closed at 18.1%. This is day #3 of the oversold period. Since the typical oversold period only lasts 1 or 2 days, I am posting the chart below as a reminder of the S&#038;P 500&#8217;s worsening performance the longer it stays oversold. A downward bias first appears after day #4.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_32891\" aria-describedby=\"caption-attachment-32891\" style=\"width: 461px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png\" alt=\"The performance of the S&amp;P 500 for a given oversold duration (T2108 below 20%).\" width=\"471\" height=\"281\" class=\"size-full wp-image-32891\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png 471w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct-300x179.png 300w\" sizes=\"auto, (max-width: 471px) 100vw, 471px\" \/><\/a><figcaption id=\"caption-attachment-32891\" class=\"wp-caption-text\">The performance of the S&#038;P 500 for a given oversold duration (T2108 below 20%).<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>For reference, the S&#038;P 500 (SPY) is up 2.9% for this oversold period so far. So if the oversold period ends after three days, the index&#8217;s performance is roughly in-line with historical patterns. For now, the S&#038;P 500&#8217;s 1.4% gain confirmed the 200DMA as support but still left the index with the challenge of 50DMA overhead resistance.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_42681\" aria-describedby=\"caption-attachment-42681\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_SP500.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_SP500.jpg\" alt=\"The S&amp;P 500 (SPY) continued its bounce off 200DMA support.\" width=\"550\" height=\"385\" class=\"size-full wp-image-42681\" \/><\/a><figcaption id=\"caption-attachment-42681\" class=\"wp-caption-text\">The S&#038;P 500 (SPY) continued its bounce off 200DMA support.<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p>The volatility index finally had a relatively calm day. The VIX dropped from 29.1 for a 11.9% decline. This is the VIX&#8217;s lowest close since a week ago when <a href=\"http:\/\/drduru.com\/onetwentytwo\/2018\/02\/05\/t2108-update-180205\/\" rel=\"noopener\" target=\"_blank\">it soared for its largest percentage gain in its history<\/a>.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_42682\" aria-describedby=\"caption-attachment-42682\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_VIX.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_VIX.jpg\" alt=\"The process of receding fear has likely begun as the volatility index, the VIX, fell 11.9% to its lowest post-panic close.\" width=\"550\" height=\"373\" class=\"size-full wp-image-42682\" \/><\/a><figcaption id=\"caption-attachment-42682\" class=\"wp-caption-text\">The process of receding fear has likely begun as the volatility index, the VIX, fell 11.9% to its lowest post-panic close.<\/figcaption><\/figure><br \/>\n<\/center><\/p>\n<p><a href=\"http:\/\/drduru.com\/onetwentytwo\/2018\/02\/11\/t2108-update-180209\/\" rel=\"noopener\" target=\"_blank\">My trading strategy for this oversold cycle<\/a> remains the same. I will eagerly buy another dip inside oversold conditions, but I will be looking to sell those trades on a test of 50DMA resistance. A close AND follow-through above 50DMA resistance will be very bullish especially given AT40 would likely be surging out of oversold conditions at that point. A failure at 50DMA resistance would put a &#8220;cautiously&#8221; handle on my bullish short-term trading call. A breakdown below 200DMA support would put fresh concerns on my table.<\/p>\n<p><strong>CHART REVIEWS<\/strong><br \/>\nU.S. Steel (X) is on the move again and back on my shopping list. Today, it broke out above 50DMA resistance. The stock looks like it formed a new base from last week&#8217;s selling and churn, so I will likely accumulate from current levels down to about 33.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_42683\" aria-describedby=\"caption-attachment-42683\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_X.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/02\/180212_X.jpg\" alt=\"U.S. Steel (X) looks ready for another run at higher prices after a small 50DMA breakout\" width=\"550\" height=\"404\" class=\"size-full wp-image-42683\" \/><\/a><figcaption id=\"caption-attachment-42683\" class=\"wp-caption-text\">U.S. Steel (X) looks ready for another run at higher prices after a small 50DMA breakout<\/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 #3 under 20% (oversold), Day #6 under 30%, Day #7 under 40%, Day #7 under 50%, Day #8 under 60%, Day #14 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=\"http:\/\/drduru.com\/onetwentytwo\/about\/t2108-resource-page\/\">The AT40 (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 puts, long SVXY 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 = 18.1% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #3) AT200 = 43.9% of stocks are trading above their respective 200DMAs VIX = 25.6 (range from 24.4 to 29.7) Short-term Trading Call: bullish Commentary My favorite technical indicator made a valiant effort, but it could not quite break &#8230; <a title=\"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/\">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":[1303,199,512,511,62],"tags":[1819,65,362,226,193,303,194],"class_list":["post-42679","post","type-post","status-publish","format-standard","hentry","category-bottom","category-commodities","category-resistance","category-support","category-technical-analysis","tag-at40","tag-sp-500","tag-spy","tag-t2108","tag-u-s-steel","tag-vix","tag-x"],"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 (February 12, 2018) - Stocks Cling to Oversold Conditions - 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\/02\/13\/t2108-update-180212\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Above the 40 (February 12, 2018) - Stocks Cling to Oversold Conditions - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"AT40 = 18.1% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #3) AT200 = 43.9% of stocks are trading above their respective 200DMAs VIX = 25.6 (range from 24.4 to 29.7) Short-term Trading Call: bullish Commentary My favorite technical indicator made a valiant effort, but it could not quite break ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-13T09:07:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-14T07:01:57+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions\",\"datePublished\":\"2018-02-13T09:07:21+00:00\",\"dateModified\":\"2018-02-14T07:01:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/\"},\"wordCount\":683,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/160130_SP500Perf_T2108Under20Pct.png\",\"keywords\":[\"AT40\",\"S&amp;P 500\",\"SPY\",\"T2108\",\"U.S. Steel\",\"VIX\",\"X\"],\"articleSection\":[\"Bottom\",\"Commodities\",\"Resistance\",\"Support\",\"Technical Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/\",\"name\":\"Above the 40 (February 12, 2018) - Stocks Cling to Oversold Conditions - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/160130_SP500Perf_T2108Under20Pct.png\",\"datePublished\":\"2018-02-13T09:07:21+00:00\",\"dateModified\":\"2018-02-14T07:01:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/160130_SP500Perf_T2108Under20Pct.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/160130_SP500Perf_T2108Under20Pct.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/02\\\/13\\\/t2108-update-180212\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions\"}]},{\"@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 (February 12, 2018) - Stocks Cling to Oversold Conditions - 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\/02\/13\/t2108-update-180212\/","og_locale":"en_US","og_type":"article","og_title":"Above the 40 (February 12, 2018) - Stocks Cling to Oversold Conditions - ONE-TWENTY TWO: Trading Financial Markets","og_description":"AT40 = 18.1% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #3) AT200 = 43.9% of stocks are trading above their respective 200DMAs VIX = 25.6 (range from 24.4 to 29.7) Short-term Trading Call: bullish Commentary My favorite technical indicator made a valiant effort, but it could not quite break ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2018-02-13T09:07:21+00:00","article_modified_time":"2018-02-14T07:01:57+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions","datePublished":"2018-02-13T09:07:21+00:00","dateModified":"2018-02-14T07:01:57+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/"},"wordCount":683,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png","keywords":["AT40","S&amp;P 500","SPY","T2108","U.S. Steel","VIX","X"],"articleSection":["Bottom","Commodities","Resistance","Support","Technical Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/","url":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/","name":"Above the 40 (February 12, 2018) - Stocks Cling to Oversold Conditions - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png","datePublished":"2018-02-13T09:07:21+00:00","dateModified":"2018-02-14T07:01:57+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/01\/160130_SP500Perf_T2108Under20Pct.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/02\/13\/t2108-update-180212\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Above the 40 (February 12, 2018) &#8211; Stocks Cling to Oversold Conditions"}]},{"@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\/42679","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=42679"}],"version-history":[{"count":4,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/42679\/revisions"}],"predecessor-version":[{"id":42688,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/42679\/revisions\/42688"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=42679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=42679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=42679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}