For the minute twenty-four hours running, NYSE TICK has been skewed toward buyers, lifting the stock marketplace higher. We tin flame come across higher upwards that the moving average of TICK (blue line) has stayed consistently higher upwards the zilch business (purple), equally stocks are trading dominantly on upticks rather than downticks. Other bullish tells hence far today include our staying higher upwards the day's volume-weighted average toll (VWAP) next the morn breakout referenced before today, the corporation Pb of advancing over declining stocks, too the bullish themes (strong commodities, potent stock sectors).
I've establish it useful to proceed a checklist of these factors equally a agency of identifying which agency institutional persuasion is leaning. Such a listing makes it easier to footstep dorsum too intend before trading against the marketplace tide.
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