The NYSE TICK gives a reading of intraday sentiment, every bit it shows the seat out of stocks trading on upticks minus those trading on downticks. Since it takes programme trades to deed stocks upward or downwards inward unison, real high or real depression readings of NYSE TICK supply a say every bit to the directional bias of such programs. Note that, to this betoken today, we've had solely 2 readings inward a higher house +800, exactly many to a greater extent than below -800. We tin every bit good run across that TICK has spent to a greater extent than fourth dimension below the horizontal blueish zilch trouble than above. When you lot combine those observations alongside this morning's intermarket themes (weak commodities, rigid dollar), you lot tin run across why it has made feel to thin toward the sell side inward stocks.
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