Trading Edges That Last
- You May Also Like
Review of Forecast for Jan 11, 2016 Monday did not produce a flush down of 2% thus the 2% upside was not in play. Custom breadth did not reverse, so we ...READ MOREThe breadth chart produced a clear “double bounce off” by both Tick16 short-term and long-term from the neutral zone. The potential last leg of the daily bull run has started. ...READ MOREReview of Forecast for Jun 29, 2015 Gap lower on Greece situation. That ruled out the potential for a 1% bounce at the start of the week and led to continuous ...READ MOREReview of Forecast for Apr 11, 2016 Initial weaknesses did not produce much damage and the slingshot move higher materialized. The breadth analog model did a great job for the week. ...READ MOREReview of Forecast for Jun 27, 2016 Picture perfect reversal from the expected support zone on Dow in MBO special update. Sharp reversal as projected by custom breadth materialized. Intraday volatility ...READ MORETick Divergence is a very useful setup for identifying short term tops and bottoms in Emini intraday. It works very well across many different market environments making it one of ...READ MOREReview of Forecast for Nov 9, 2015 Sharp pullback with intraday volatility picking up as forecasted. The projected 5% pullback still in progress. The breadth analog model did an excellent job ...READ MOREReview of Forecast for Sep 26, 2016 Forecast of limited downside of 1.5% was spot. 2% swing up did not happen thanks to Deutsche Bank crisis but bullish bias kept S&P ...READ MOREThe NYSE Tick Index (aka the $Tick index) and other similar tick indices all demonstrate a similar trending properly. I call it the micro trend channels of the tick indices. ...READ MOREMany day traders who use Tick Index as part of their market timing tools often find that it changes its behaviour every few weeks. The most obvious issue is that ...READ MORES&P500 Short Term Market Breadth Analog Forecast StartingDaily Breadth Chart ReadingS&P500 Short Term Market Breadth Analog Forecast StartingS&P500 Short Term Market Breadth Analog Forecast StartingS&P500 Market Breadth Driven Short Term Forecast StartingTrading With Tick Index: Basic Tick DivergenceS&P500 Short Term Market Breadth Analog Forecast StartingS&P500 Market Breadth Driven Short Term Forecast StartingTrading with Tick Index: Recognize the Micro TrendTrading with Tick Index: How to Normalize Tick
As Featured In
Market Internals 2012-12-19
My monthly update on market internals.
The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Dec 19 close.
Reading
1. Long Term Tick16 (yellow line) cleared neutral zone and zoomed to straight up to overbought area
2. Short Term Tick16 (red line) divergence against price for about a month now
3. 3 Days Advance Issues (green line) popped back up to overbought zone
Inference
a. #1 in trend buy mode. That means coming several selloffs can be bought on swing basis. A potential long term top in the making with time window of about 3 to 6 months.
b. #2 points to a top in the making but it will be used up when the red line drops back below neutral zone
c. #3 in the context of #1 points to a pullback in the making
Last update predicted the powerful upside push correctly
Share