By Rennie
on Sunday, January 31st, 2010 at 4:16 pm
Institutions were consistent sellers on Friday, leading to a -34 closing TICKscore and the fourth consecutive session of lower lows for the S&P500. Interesting to note that with the S&P trading more than 0.5% below Thursday’s low, new 20-day lows… Login | Subscribe
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CBOE equity put/call ratio running very low at .42 - haven't seen a close that low since last August $$ 8 hrs ago
Since 1990, $NDX about twice as likely to be trading higher one week after four consecutive 2-day RSI readings >98. $$ 10 hrs ago
Looks like 2-day RSI for $NDX will close >98 for a fourth consecutive session today. Third day in a row for $RUT $$ 10 hrs ago
New 20-day highs 2738 vs 3059 Friday, 20-day lows 152 vs 196 Friday. $$ 1 day ago
Heading into the final hour, Cumulative TICK +62,000, 20th consecutive session above zero. TICKscore +2. $$ 1 day ago
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Commodity Trading Advisors Overlook Recent Market Weakness
By Rennie on Sunday, January 31st, 2010 at 4:16 pmInstitutions were consistent sellers on Friday, leading to a -34 closing TICKscore and the fourth consecutive session of lower lows for the S&P500. Interesting to note that with the S&P trading more than 0.5% below Thursday’s low, new 20-day lows…
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