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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » where to get market internals - T2121

where to get market internals - T2121 Rate this Topic:
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robmelbye
Posted : Thursday, February 22, 2007 11:27:35 AM
Registered User
Joined: 11/9/2004
Posts: 19
 In Last night't Worden's post referred to market internal such as T2121 - High low.

Can you explain where you get this info, what it means and how it can be used?
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Bruce_L
Posted : Thursday, February 22, 2007 11:36:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 T2121 is the symbol for the 13week New High/New Low Ratio - New highs for the last 13 weeks divided by new highs + new lows. Research results have revealed a bullish tendency at extreme high readings and a slightly bearish tendency at extreme low readings.

It can be accessed just like any other symbol in TeleChart and is in the All Worden Market Indicators System Watchlist. The trainers cannot give settings, interpretation or investment advice. You may wish to review the following:

Worden’s Market Indicators (T2s)
Market Stats, TICK and TRIN
-Bruce
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