dfx

What the TICK Is Telling Us Today

intuitively the TICK doesn't seem like it would be a good indicator. many of the market participants don't seem like they would be paying attention chasing the bid so closely. many of them are robots.

but in practice it really changed my trading (hat tip to dr. brett !). it captures how impatient traders are to get in or get out. combined with the VIX of VXN, I get a fairly good reading to interpret short term price moves.

re: the time zones / futures. its as though the US markets always have to put some spin on what has played out overseas. by the time it hits the US markets its old news ("we're all going to die") and everybody shifts to the next chapter ("how much are corpses going for ? is graveyard real estate hot or not or is it trashed like the rest of housing and commercial RE ?")