Blog Post: Only 348 new US lows, 70% of US stocks advanced and 96% of NASDAQ100 stocks; High put/call ratio and low $T2108 signaled this bounce

Indicators

  • GMI: 0/6
  • GMI-2: 1/8
  • T2108: 16%

When T2108 falls below 10% the market tends to bounce. Look at low level in June and this week.

 

The post Blog Post: Only 348 new US lows, 70% of US stocks advanced and 96% of NASDAQ100 stocks; High put/call ratio and low $T2108 signaled this bounce first appeared on Wishing Wealth Blog.