{"id":46562,"date":"2018-12-21T01:46:58","date_gmt":"2018-12-21T09:46:58","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=46562"},"modified":"2019-01-06T12:07:02","modified_gmt":"2019-01-06T20:07:02","slug":"t2108-update-181220","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/","title":{"rendered":"Above the 40 (December 20, 2018) – Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal"},"content":{"rendered":"\n

AT40<\/strong> = 9.4% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #5, 35-month low!)
AT200<\/strong> = 12.8% of stocks are trading above their respective 200DMAs (new 34-month low)
VIX<\/strong> = 28.4 (10-month high, intraday high at 30.3)
Short-term Trading Call<\/strong>: bullish (caveats below!)<\/p>\n\n\n\n

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

The plunge continues.<\/p>\n\n\n\n

AT40 (T2108), the percentage of stocks trading above their respective 40DMAs, ended the day at a 35-month low. It finally cleared all the earlier oversold periods of 2018 and reached all the way back to the pain of late 2015. This oversold period is now 4 days old but it feels like it has lasted for weeks and weeks.<\/p>\n\n\n\n

\"AT40
AT40 (T2108) continued its plunge. The 7.7% surpassed the closing lows of all 2018’s earlier oversold periods and hit a 35-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

AT200 (T2107), the percentage of stocks trading above their respective 200DMAs, also continued its plunge but stayed out of single digits. At 12.8% it trades at a fresh 34-month low.<\/p>\n\n\n\n

\"AT200
AT200 (T2107) dropped to 12.8% and finished at a new 34-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

As a reminder, the level of these breadth indicators no longer matter. They are so low that they cannot go much lower. Moves lower do not even say anything about rates of change. The technical damage is so brutal that a vast swath of stocks are tumbling in short to medium term downtrends. I am bullish only in anticipation of the inevitable bounce, but the rally will likely serve as another opportunity for slower hands to dump their inventory of stocks and ETFs. (See “A Fed Undeterred Is A Stock Market Not Yet Low Enough<\/a>” for a more expansive description).<\/p>\n\n\n\n

The S&P 500 (SPY) gapped down but rallied quickly to close the gap. The index was mostly downhill from there for a 15-month low.<\/p>\n\n\n\n

\"The
The S&P 500 (SPY) lost another 1.6% for a 15-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

The NASDAQ and the Invesco QQQ Trust (QQQ) sold off for 1.6% and 1.5% losses and 14 and 15-month lows respectively. <\/p>\n\n\n\n

\"The
The NASDAQ lost 1.6% for a 14-month low.<\/figcaption><\/figure><\/div>\n\n\n\n
\"The
The Invesco QQQ Trust (QQQ) lost 1.5% and closed at a 13-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

The iShares Russell 2000 ETF (IWM) reached a very important low. The 2-year low brings the index of small cap stocks within sniffing range of a complete reversal of its post-election gains. The day after the U.S. Presidential election IWM surged for a 3.8% gain and a close of 122.54. IWM has gone from an astounding 41.2% gain since that close at its last all-time high to a mere 7.5% gain. That plunged occurred in less than 4 months.<\/p>\n\n\n\n

\"The
The iShares Russell 2000 ETF (IWM) continued an unabated plunge to a 2-year low.<\/figcaption><\/figure><\/div>\n\n\n\n

The volatility index, the VIX, provided one “bright” spot for the oversold period. It finally showed a relatively greater level of fear; it is the kind of higher volatility I would expect for a sell-off which is worse and more back-breaking than the other sell-offs of 2018. The VIX finally punched through 26 and even hit 30.<\/p>\n\n\n\n

\"The
The volatility index, the VIX, finally broke through the 26 barrier and even hit 30 at one point. The VIX closed with an 8.8% gain.<\/figcaption><\/figure><\/div>\n\n\n\n

The small incremental spike in the VIX was my fresh signal to take profits on most of my remaining hedges (gulp!) and to do a little more nibbling on long positions. For example, I bought some puts in ProShares Ultra VIX Short-Term Futures (UVXY). I held on buying SPY call options because I already own ProShares Ultra S&P500 (SSO). I am thus in no rush. I might add more shares, but I will wait on the calls until I see some evidence of buying interest…or of course if the market delivers a truly outsized spike in the VIX, like a 20%+ 1-day gain.<\/p>\n\n\n\n

CHART REVIEWS<\/strong><\/h4>\n\n\n\n

Carnival Cruise<\/strong> (CCL)<\/p>\n\n\n\n

CCL reported earnings and delivered all sorts of bad news. This post-earnings plunge is a classic example of how a company can confidently report on the strength of its business and its accompanying business environment…until it is suddenly not so strong.<\/p>\n\n\n\n

\"Carnival
Carnival Corporation (CCL) plunged 9.5% post-earnings for a 25-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

Conagra<\/strong> (CAG)<\/p>\n\n\n\n

CAG was a shocker. The earnings report<\/a> was full of pointers to hurricane-related impacts. If hurricanes and other one-off effects were truly at play here, then CAG just became a major buy. I am keeping my eye on this one (and I need to read the earnings report more closely soon).<\/p>\n\n\n\n

\"Conagra
Conagra Brands (CAG) imploded for a 16.5% post-earnings loss and a 4-year 4-month low.<\/figcaption><\/figure><\/div>\n\n\n\n

SPDR Gold Shares<\/strong> (GLD)<\/p>\n\n\n\n

I was prepared to see GLD breakout above 200DMA resistance on the heels of a capitulated Fed. It took a day, but the breakout is finally here. I may have a tricky decision on Friday as my calendar call spread pivots on the $119 strike with the short side expiring now. I may just take profits and look next week to make a fresh (long) trade.<\/p>\n\n\n\n

\"The
The SPDR Gold Trust (GLD) broke out above its 200DMA with a 1.5% gain.<\/figcaption><\/figure><\/div>\n\n\n\n

— – —
\n<\/p>\n\n\n\n


\nFOLLOW Dr. Duru’s commentary on financial markets via email<\/a>, StockTwits<\/a>, Twitter<\/a>, and even Instagram<\/a>!<\/strong>
\n<\/center>\n\n\n\n

“Above the 40” 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 “T2108” which was created by Worden<\/a>. Learn more about T2108 on my T2108 Resource Page<\/a>. AT200, or T2107, measures the percentage of stocks trading above their respective 200DMAs.<\/p>\n\n\n\n

Active AT40 (T2108) periods<\/strong>: Day #5 under 20% (5th oversold day), Day #10 under 30%, Day #12 under 40%, Day #62 under 50%, Day #78 under 60%, Day #133 under 70% {corrected 1\/6\/19}<\/p>\n\n\n\n


\nDaily AT40 (T2108)<\/strong>
\n
\"\"<\/a><\/figure>

<\/p>\n

Black line: AT40 (T2108) (% measured on the right)
\nRed line: Overbought threshold (70%); Blue line: Oversold threshold (20%)
\n<\/p><\/center>\n\n\n\n


\nWeekly AT40 (T2108)<\/strong>
\n
\"Weekly<\/a><\/figure>
\n*All charts created using <\/strong>freestockcharts.com<\/a><\/strong> unless otherwise stated<\/center>\n\n\n\n

The T2108 charts above are my LATEST updates independent of the date of this given AT40 post. For my latest AT40 post click here<\/a>.<\/p>\n\n\n\n

\nRelated links:<\/strong>
\nThe AT40 (T2108) Resource Page<\/a>
\nYou can 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 the #120trade hashtag<\/a>.<\/p>\n\n\n\n

Be careful out there!<\/p>\n\n\n\n

Full disclosure<\/strong>: long SSO, long SPY call options, long GLD shares and calendar call spread<\/p>\n\n\n\n

*Charting notes: FreeStockCharts.com stock prices are not adjusted for dividends. TradingView.com charts for currencies use Tokyo time as the start of the forex trading day. FreeStockCharts.com currency charts are based on Eastern U.S. time to define the trading day.<\/p>\n","protected":false},"excerpt":{"rendered":"

AT40 = 9.4% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #5, 35-month low!)AT200 = 12.8% of stocks are trading above their respective 200DMAs (new 34-month low)VIX = 28.4 (10-month high, intraday high at 30.3)Short-term Trading Call: bullish (caveats below!) Commentary The plunge continues. AT40 (T2108), the percentage of stocks … 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":[483,199,1129,491,338,62,1633],"tags":[1819,2126,2127,24,413,535,65,362,446,225,226,303],"class_list":["post-46562","post","type-post","status-publish","format-standard","hentry","category-breakdown","category-commodities","category-food-retail","category-oversold","category-retail","category-technical-analysis","category-travel","tag-at40","tag-cag","tag-ccl","tag-gold","tag-nasdaq","tag-qqq","tag-sp-500","tag-spy","tag-sso","tag-t2107","tag-t2108","tag-vix"],"yoast_head":"\nAbove the 40 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - 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\/12\/21\/t2108-update-181220\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Above the 40 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"AT40 = 9.4% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #5, 35-month low!)AT200 = 12.8% of stocks are trading above their respective 200DMAs (new 34-month low)VIX = 28.4 (10-month high, intraday high at 30.3)Short-term Trading Call: bullish (caveats below!) Commentary The plunge continues. AT40 (T2108), the percentage of stocks ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-21T09:46:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-01-06T20:07:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_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=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Above the 40 (December 20, 2018) – Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal\",\"datePublished\":\"2018-12-21T09:46:58+00:00\",\"dateModified\":\"2019-01-06T20:07:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/\"},\"wordCount\":1083,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/181220_T2108.png\",\"keywords\":[\"AT40\",\"CAG\",\"CCL\",\"gold\",\"NASDAQ\",\"QQQ\",\"S&P 500\",\"SPY\",\"SSO\",\"T2107\",\"T2108\",\"VIX\"],\"articleSection\":[\"Breakdown\",\"Commodities\",\"Food\",\"Oversold\",\"Retail\",\"Technical Analysis\",\"Travel\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/\",\"name\":\"Above the 40 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/181220_T2108.png\",\"datePublished\":\"2018-12-21T09:46:58+00:00\",\"dateModified\":\"2019-01-06T20:07:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#primaryimage\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/181220_T2108.png\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/181220_T2108.png\",\"width\":550,\"height\":375,\"caption\":\"AT40 (T2108) continued its plunge. The 7.7% surpassed the closing lows of all 2018's earlier oversold periods and hit a 35-month low.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2018\\\/12\\\/21\\\/t2108-update-181220\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Above the 40 (December 20, 2018) – Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal\"}]},{\"@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 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - 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\/12\/21\/t2108-update-181220\/","og_locale":"en_US","og_type":"article","og_title":"Above the 40 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - ONE-TWENTY TWO: Trading Financial Markets","og_description":"AT40 = 9.4% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #5, 35-month low!)AT200 = 12.8% of stocks are trading above their respective 200DMAs (new 34-month low)VIX = 28.4 (10-month high, intraday high at 30.3)Short-term Trading Call: bullish (caveats below!) Commentary The plunge continues. AT40 (T2108), the percentage of stocks ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2018-12-21T09:46:58+00:00","article_modified_time":"2019-01-06T20:07:02+00:00","og_image":[{"url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_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":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Above the 40 (December 20, 2018) – Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal","datePublished":"2018-12-21T09:46:58+00:00","dateModified":"2019-01-06T20:07:02+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/"},"wordCount":1083,"commentCount":4,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#primaryimage"},"thumbnailUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_T2108.png","keywords":["AT40","CAG","CCL","gold","NASDAQ","QQQ","S&P 500","SPY","SSO","T2107","T2108","VIX"],"articleSection":["Breakdown","Commodities","Food","Oversold","Retail","Technical Analysis","Travel"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/","url":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/","name":"Above the 40 (December 20, 2018) - Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#primaryimage"},"thumbnailUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_T2108.png","datePublished":"2018-12-21T09:46:58+00:00","dateModified":"2019-01-06T20:07:02+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#primaryimage","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_T2108.png","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/12\/181220_T2108.png","width":550,"height":375,"caption":"AT40 (T2108) continued its plunge. The 7.7% surpassed the closing lows of all 2018's earlier oversold periods and hit a 35-month low."},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2018\/12\/21\/t2108-update-181220\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Above the 40 (December 20, 2018) – Oversold Chronicles: Small-Caps Tumble Toward A Post-Election Reversal"}]},{"@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\/46562","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=46562"}],"version-history":[{"count":6,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/46562\/revisions"}],"predecessor-version":[{"id":46824,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/46562\/revisions\/46824"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=46562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=46562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=46562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}