What is the purpose of the second to last column, "T2108" and how is it calculated. Thanks!
% of stocks above 40 day moving average. Readings below 20 lead to botoms
From the market monitor how do we know if the approaching correction is a major correction (say 10% or more) or a minor one (less than 10%)? Btw thanks a lot for sharing you knowledge through this blog. I have learned a lot and elevated my trading skills to the next level.
If you see major breadth deterioration and series of 700 plus days on 4% plus down then it is likely to develop in to larger correction.
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