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Tick indicator still on sell


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#1 dcengr

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Posted 29 December 2006 - 11:29 AM

My tick oscillator is still on a sell signal, despite this morning's rise on the Qs.

Since the tick and the ad line are somewhat related during intraday, it is not a surprise for me to see that the A-D line is negative as well.

Though not a certainty, it does mean that the breadth of the market has for the last few days been weaker than the prices show.

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#2 dcengr

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Posted 29 December 2006 - 02:48 PM

NYSE gave a buy signal followed shortly by a sell signal... Nasdaq continues on sell signal.

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