Info!! Nyse Tick Equally A Approximate Of Intraday Swings

Here nosotros encounter a four-hour moving average of NYSE TICK (pink line) plotted against SPY (blue line) from March 17th through today's session.

Such a moving average of TICK acts equally a short-term overbought-oversold measure. It likewise highlights when stocks mightiness hold upwards making novel lows together with novel highs when selling together with buying pressure level are waning--nice indications of potential reversals.
.