Relentless Institutional Selling Ahead of Jobs Report
By Rennie
on Thursday, February 4th, 2010 at 3:29 pm
Relentless institutional selling has sent the S&P500 down nearly 3%. TICKscore currently at -51, Cumulative TICK -110,000. New 20-day lows have… 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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Relentless Institutional Selling Ahead of Jobs Report
By Rennie on Thursday, February 4th, 2010 at 3:29 pmRelentless institutional selling has sent the S&P500 down nearly 3%. TICKscore currently at -51, Cumulative TICK -110,000. New 20-day lows have…
Login | Subscribe