Blog Post: Day 6 of $QQQ short term up-trend; But the rapid swoon of $T2108 suggests considerable technical weakness in NYSE stocks, see daily chart and explanation
T2108 measures the percentage of NYSE stocks that have closed above their 40 day simple moving averages. After reaching close to 80% T2108 has rapidly declined to 44%.
2 thoughts on “Blog Post: Day 6 of $QQQ short term up-trend; But the rapid swoon of $T2108 suggests considerable technical weakness in NYSE stocks, see daily chart and explanation”
Good morning Dr Wish how are you ?
i follow in Twitter , and check your post everyday , they are great , do you have any other place besides this one to follow your posts or any videos related to TC2000? i am trying to understand TC2000 scan and formulas but is a little complex and their webpage is not helpfull at all
thanks
Angel Paya
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I believe that you had mentioned in the past that the T2108 was a valuable “bottoming” signal if it went near or below 10 ish.
Good morning Dr Wish how are you ?
i follow in Twitter , and check your post everyday , they are great , do you have any other place besides this one to follow your posts or any videos related to TC2000? i am trying to understand TC2000 scan and formulas but is a little complex and their webpage is not helpfull at all
thanks
Angel Paya
I believe that you had mentioned in the past that the T2108 was a valuable “bottoming” signal if it went near or below 10 ish.