market turns
market turns The tick index is a little-known indicator that can be used to indicate short-term stock market reversals and provide trend confirmation. Short-term traders should consider using the tick index, for though this indicator does not always tell you a story, it can help alert you to overbought and oversold situations. market turns
picking tops
picking tops the markets lose. If you trade opposite the public, then you should win 80% of the time, right? But thequestion is, how do you know what the public is doing? The tick index can provide a clue.The uptick and downtick method is a form of contrarian trading. If everyone buys, the tick index […]
the nyse tick index and candlesticks
Awealth of information waits to be discovered in the New York Stock Exchange (NYSE) tick index. Its strong suit is its simple calculation. At any point, this index represents the number of stocks trading on an uptick minus the number of stocks trading on a downtick. Extreme tick readings of greater than +600 may indicate […]