"Tick16" Posts
Market Internals 2012-06-17
By Lawrence
The market internal updates is turning into a monthly update … First I was told that I need to post the chart here so that there is a reference to what I am talking about. So here it is the current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 […]
Market Internals 2012-05-14
By LawrenceDid not post an update on the breadth readings for quite some time. My bad. The main theme so far over past 2 weeks is that since Tick16 long term has went into negative territory, first and 2nd overbought in 3-Day Advance Issues are good sell setups. Now as the selling going fine, and that […]
Market Internals 2012-04-08
By LawrenceBoth Tick16 ST and 3-Day Advance Issues are pushed down to slightly negative levels. If they continue to slide a bit more both will enter oversold territory. Since Tick16 LT is in solid positive (bullish) zone, this will soon produce a tradable bottom.
Market Internals 2012-01-29
By LawrenceThe 3-Day Advance Issues and Tick16 both issued long term sell signals last week. Last year, it took a month of gyration of drifting up til February before I got the signals and they were not in sync back then. Something big is cooking.
Market Internals 2011-12-15
By LawrenceThe mega swings in the breadth have successfully forewarned and confirmed the swings of S&P over the past 5 swings. The challenge at this point is that 3-Day Advance Issues is oversold and divergence bottom signal is in place since close of yesterday. Yet Tick16 Short Term is not quite there yet producing the oversold […]
Market Internals 2011-11-20
By LawrenceSince last update we got our pullback based on market breadth. Well, there were actually 2 pullbacks with one very fast melt up in between. 3-day advance issues gave us the extremes with early warning on all of them so they did not catch us by surprise. The last selloff over the past few days […]
Market Internals 2011-11-07
By LawrenceHaven’t got time to write an update til now. The sell off I was looking for til 3-day advance struck bottom was done in the beginning of last week. Not quite what we wanted as you have to be short on the Friday before last week to capture the majority of the move. Since then […]
Market Internals 2011-10-03
By LawrenceSince last update we got the major selloff I’ve been looking for. Now, 3-day advance issues is back down at oversold level, while Tick16 Short Term is forming potential higher low. Normally, if we get a flush low lowered than the swing low from August, we have a long setup in place. But, due to […]
Market Internals 2011-09-25
By LawrenceSince last update, S&P has experienced its most volatile month ever. However the custom market breadth indices never improved and keep getting worse. As of last Thursday the target zone 1120 was finally tagged (as stated in the comments on last update). The breadth models have finally turned oversold and a strong bounce is expected […]
Market Internals 2012-07-24
The current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Jul 24 Close. Readings 1. 3-Day Advance Issues printing new low with S&P at the same time 2. Tick16 ST is moving from overbought zone back down 3. Tick16 LT back to neutral zone flattening out Inference #1 confirms […]