
One of the things nosotros desire to await at when the marketplace lay pulls dorsum from highs or bounces higher from lows is the grade of participation generated past times the countertrend move.
Here nosotros run into one-minute NYSE TICK values for the solar daytime hence far, amongst the nix business highlighted amongst the majestic horizontal line.
Note how the pullback early on inward the morn session could never generate negative TICK levels approaching the pregnant -800 level. Conversely, the bounce off those lows easily produced multiple +800 or greater readings.
That told us that, 1 time again, buyers were using weakness to aggressively purchase stocks. Catching those shifts is fundamental to reading intraday marketplace lay sentiment.
.
No comments:
Post a Comment