"Tick16" Posts
Trading with Tick Index: S&P500 Tick1K Index Mismatch Leading Signals
By Lawrence
To utilize S&P500 Tick1K Index, we can start from its basic properties of being highly correlated to the bar to bar pattern with Emini S&P (and SPY too) on 5-minute chart and also its cleaner trend advantage. From these two properties, I have discovered a set of leading signals that pinpoint the short term reversals, […]
Trading with Tick Index: The Advantages of S&P500 Tick1K Index Over NYSE Tick Index
By Lawrence
S&P500 Tick1K Index is a custom market breadth index built with a similar principle like the NYSE Tick Index. Since the S&P500 Tick1K Index contains only the S&P500 components, it is cleaner and more robust in terms of trend quality and signal quality. The unique way I designed this Tick Index makes it very useful […]
Market Internals 2013-12-23
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 Dec 23 close. Review Got the rally I was looking for since the last update. Once we got Short Term Tick16 registered overbought, we had the sharp pullback expected into mid December. […]
Market Internals 2013-11-22
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 Nov 22 close Review Tick16 breakout mode gave us breakout to the upside. First Tick16 short term overbought against Tick16 long term bearish gave us a brief pullback as I mentioned that […]
Trading With Tick Index: Early Detection Of Trend Buy Day (Signal ID – TICK Trend Buy)
By Lawrence
Trend buy day are the days where the stock market indices just keep going higher. Day traders are often trapped on the wrong side of the market on such days due to various price based measures telling them the up moves are over extended. What they fail to realize is that the market has been […]
Market Internals 2013-10-22
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 October 22 close. Reading 1. Long Term Tick16 (yellow line) bearish 2. Short Term Tick16 (red line) in breakout mode after spending days near Long Term Tick16 3. 3-Day Advance Issues (green […]
Market Internals 2013-09-22
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 September 22 close. Reading 1. Long Term Tick16 (yellow line) tagging neutral zone from below 2. Short Term Tick16 (red line) back up at overbought zone forming two divergence tops against S&P […]
Market Internals 2013-08-16
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 August 16 close. Reading 1. Long Term Tick16 (yellow line) below neutral zone going sideway 2. Short Term Tick16 (red line) drifting around neutral zone 3. 3-Day Advance issues (green line) […]
Market Internals 2013-07-21
By Lawrence
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 July 19 close. Reading 1. Long Term Tick16 (yellow line) well below neutral zone going sideway 2. Short Term Tick16 (red line) drifting in overbought area 3. 3-Day Advance issues (green […]
Market Internals 2014-01-23
Monthly update on market internals. The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2014 Jan 23 close. Review Short term bullish bias played out with S&P closing at year high by Dec 21, 2013. 3-Day Advance Issues breaking neutral zone decisively on 1st trading day […]