A Quick Look at Internals

We can see how stocks overall performed today by looking at the NYSE TICK data. As a reminder, TICK is the number of advancing stocks over a 1 minute period minus the number of declining stocks, so obviously above zero shows more advancers, below zero, more decliners. Readings below or above +/-1250 are fairly rare.

TICK

 I drew in trendlines for zero (yellow), +750/1000 white and -750/1000 red. You can see most of the day's action has seen moves below -750, there are very few above +750. There are several moves below -1000 and even -1250, there was 1 move above +1000 and that just occurred with the Dow below support

Here's where the +1000 move came in.