3-Day Advance Issues again leads Tick16 in identifying the bounce since Wed.
It is now heading towards the zero line (neutral zone) meaning the market can turn lower from this point onward to retest the lows within the next 3 trading days.
Tick16ST is oversold while Tick16LT is in trend buy zone, strong bounces are expected.
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Market Internals 2011-04-15
3-Day Advance Issues again leads Tick16 in identifying the bounce since Wed.
It is now heading towards the zero line (neutral zone) meaning the market can turn lower from this point onward to retest the lows within the next 3 trading days.
Tick16ST is oversold while Tick16LT is in trend buy zone, strong bounces are expected.
Share