the NYSE TICK primer for to a greater extent than background).
When nosotros run across a buying flare-up inward the ES futures, then, that is non accompanied yesteryear a commensurate rising inward the Cumulative NYSE TICK, it tells us that the bulk of shares are nonetheless trading on downticks, fifty-fifty equally in that location is roofing amidst the S&P 500 issues.
Seeing Cumulative TICK neglect to budge on marketplace position bounces helped proceed traders on the correct side of the marketplace position today, fading those bounces rather than assuming that they were the starting fourth dimension of lasting reversals. That was specially helpful during the morn session, when abrupt curt roofing rallies made it await similar the comport would reverse, equally has happened thence ofttimes lately.
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