Info!! What Tin Laissez Passer On The Sack Aid Y'all Pose Downside Tendency Days Inwards The Stock Market?

I rapidly threw this nautical chart upwards to demo the cost activity inward SPY as well as the percent of NYSE stocks trading higher upwards their day's VWAP so far today.  There are several clues to downside tendency days; hither are the ones I virtually focus on at present:

*  Lopsided advance-decline ratios on the day; many to a greater extent than stocks declining on the solar daytime than advancing.  This suggests the weakness is broad.  Note also it implies that correlations are rising amid stock sectors.

*  Persistent depression percent of stocks trading higher upwards their day's volume-weighted average cost (VWAP), per the nautical chart above.

*  Many to a greater extent than stocks making fresh lows for the solar daytime session than highs throughout the session, suggesting that weakness is persisting.

*  Cumulative NYSE TICK negative on the day as well as trending lower, alongside relatively few TICK readings higher upwards +500 as well as numerous readings below -800.  

*  Weakness across stock sectors, to a greater extent than oftentimes than non alongside "beta" sectors weaker than defensive ones.

All you lot tin produce is pose the odds inward your favor.  When you lot encounter odd weakness or forcefulness early on inward the session, it is to a greater extent than oftentimes than non worth considering the possibility of a tendency day.

Further Reading:  Keys to an Upside Trend Day
.