Blog Post: Day 31 of $QQQ short term down-trend; In late February I posted this chart suggesting that $DIA had made a double top! $T2108 monthly chart is very oversold

@ 11:33 pm
GMI0/6
GMI-22/9
T21084%

Here is my post from the day this chart was published on February 23. WOW!!!!

Screenshot

T2108 is at 4%. This is an amazingly oversold market. See monthly chart.

Screenshot

 

 

2 thoughts on “Blog Post: Day 31 of $QQQ short term down-trend; In late February I posted this chart suggesting that $DIA had made a double top! $T2108 monthly chart is very oversold”

  2. Koming, it’s a measure of market breadth. I think it’s the percentage of stocks above the 40 day MA, and I don’t quite recall whether that is exponential or equal weight. I think it’s just a standard average. It’s from the scans/info included in the market scans that Dr. Wish uses. You can web search it, it’s not proprietary.

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