I hadn't noticed this earlier...
This is the NYSE TICK vs the Q's since they are the performer of the day (lucky guess on the QQQ calls yesterday rather than SPY). At both areas the Dow broke $14k the TICK didn't hit extremes, the TICK did hit an early extreme of +1250 in the a.m., but as prices climbed, the TICK was at a very moderate +750 at the highs of the day and trending down.
This isn't a signal to do anything, but it is a good indication of market breadth or participation on what you'd think would be a big day.
Is interest rates about to start going up?
-
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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