Top Tweets for #T2108
We are hitting some extremes people.
#T2108 is hitting the 3rd lowest level in the last 25 years.
Only the pandemic low and 2008 real estate crash went lower than todays level. Nothing to do until we get reversal indications, but stay on watch 👀

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#T2108
Stocks above 40 day moving average nearing lowest level in 2024. Watch for extreme levels in breadth indicators for reflex bounce trades.

Although we have been selling off heavy recently. Setups are still failing, leaders still look weak. Breadth #T2108 tells me we can go back down to the 20% level. Amount of stocks that are bullish vs. bearish should be a clear sign longs are not the play... just yet. $QQQ $SPY
From Today's @bullsonwallst Swing Report:
The Worden #T2108 indicator is one of many signals that market breadth is improving at a strong pace. The "top heavy" market thesis is fading as more stocks and industries participate. This is a function of a strong market.

Notice #T2108 was leading during the January-March run up, but has been lagging recently. For a true bullish move, we want to see this indicator catch up and lead.


SA
Main view:
FED bearish and holding -> STFR (sell the f rip) but Powell speaking today
Short term view:
$QQQ at area of interest (red)
we're down 3 days in a row (including today) and gapping down
#T2108 is oversold 14-16 level
20% up is oversold <11
->👀reversal setups

Market breadth strength:
#T2108 indicator tracks stocks above their 40 day moving averages. At 74 it's hit it's highest reading in over 1 1/2 years.

Silver lining?
As $SPY tests lows the #T2108 (stocks above 40 day moving average) is showing a positive divergence.

@TraderNewsFeed I use #MMFI on https://t.co/L1IpuD1k2V. I describe here why and how I made the switch from #T2108. https://t.co/Jww9DbLfXH

寒冷渦とじゃれ合ったり、気まぐれで渦巻いたり、さあワタシは何者でしょう?と生涯にわたってナゾナゾ出したり。なんともお茶目な台風8号。
眺めてるぶんにはなかなか楽しいんだけど、できれば素直に進んで欲しい。あとは寒気×暖湿気×地形効果で急にやる気を出さないことを祈るばかり。
#T2108

台風解析心得、其の参
渦を追いかけるんじゃない。台風の中心を追いかけるんだ。
誰かが言ったとか言ってないとか。
#T2108

かつては明るくなって可視画像が入ると「お前そこにいたのか!?」とびっくりすることがあった。今では衛星の進歩で夜でも本当に細かく見えるようになった。
でも、見えるから分かりやすいとは限らない。台風8号、寒冷渦と絡む中で下層循環が分離。台風経路図は苦悩が繋がってできてます…
#T2108

台風8号、北の流れから千切れて南下する寒冷渦とこれからコラボ。今は台風の中心と発達した積乱雲域は少しズレがある。北からの比較的乾いた空気と、南から流れ込む暖湿気のコントラストも明瞭。
これから発達しながら本州に近づく中で、どう姿が変わってくかにもご注目。
#T2108

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