Market
looked at the
T2107 from TC2000 just 15 % of stocks are above the 200 day average, June ’22 and of course beginning of ’22 were lower.
T2108 just 8.8% of stocks are above the 40 day moving average. June ’22 was 8.02 and there was early ’20 were it was at about 1.53% .
Both haven’t shown a reversal sign as of yet. The down move can still continue. I will remain in cash as much as possible and not yet enter any trade in hope of a reversal.