Info!! A Quick Await At Rigid Buying Pressure

I've talked amongst several traders who were trying to sell the marketplace this morning, exclusively to lose money. Here is where it's of import to rail the distribution of the NYSE TICK. You tin come across that, all day, the moving average of TICK (blue line) has stayed to a higher house the nada employment (black). As I stressed inwards the intraday Twitter posts, nosotros had no TICK readings below -600 all solar daytime into the early on afternoon. What that tells yous is that institutions are non actively executing sell programs, together with therefore that large numbers of shares are non downticking at the same time. Until that dynamic changes, it is hard to sell such a rigid marketplace for to a greater extent than than a scalp trade.
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