Markets had couple of big high breadth sale days and as a result breadth has deteriorated.
As you can see we had 2081, 924 and 1073 down days. As a result the breadth has started to go down. T2108 is now at 40 with majority of stocks now below 40 day moving average.
As you can see we had 2081, 924 and 1073 down days. As a result the breadth has started to go down. T2108 is now at 40 with majority of stocks now below 40 day moving average.
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What is T2108?
T2108 is Worden indicator in tc200. It tracks % of stocks NYSE above 40 day moving average.
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