Info!! Nyse Tick: Gauging Intraday Sentiment

Here's a expect at how intraday persuasion is shaping upwards thence far this morning, every bit capture yesteryear NYSE TICK (above). Note that we've had several elevated positive TICK readings, exactly no values below -800, suggesting a lack of selling pressure. As a result, the short-term moving average of TICK (blue trace of piece of occupation above) is largely staying inward a higher house the nil level. I banknote likewise inward my Market Delta app that we're seeing to a greater extent than book at the marketplace set offering than bid inward the ES contract, likewise suggesting underlying buying interest.

You tin flame encounter that nosotros had i cluster of negative TICK readings earlier nine AM CT in addition to thence some other roughly 9:30 AM CT. As long every bit those selling episodes occur at successively higher cost levels, nosotros likewise convey to assume an underlying bullish tone to the 24-hour interval session.
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