The NYSE TICK chart shows how many NYSE components ticked up on the last trade minus how many ticked down. Typically a strong uptrend will see +1000 tick readings and even +1250-1500.
On the downside, the numbers are about the same -1000 to -1500 (1250-1500 in either case is an extreme).
Here's today's action, note the downtrend and a lot of activity below zero and in to the -1250 area.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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