Here is a daily/8 month chart of $tick.
Notice that $tick is registering an 8 month low. That's a bad thing for those of us with long positions.
Make that a two week vacation!
I'll be selling my longs and watching for an entry into my favorite shorts next week.
congamike,
ReplyDeleteI'm very forgetful when it comes to Tick & Trin.
Correct me if I'm wrong:
Tick is the calculation of stocks rising in price against stocks falling in price. Normal levels can read in the range of +/-500.