Stockbee: A pullback has started

A pullback has started

June 29, 2020

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.

2 comments :

UnknownSep 22, 2021, 4:32:00 PM
What is T2108?
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Pradeep BondeSep 22, 2021, 4:49:00 PM
T2108 is Worden indicator in tc200. It tracks % of stocks NYSE above 40 day moving average.
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