Jan
13

Negative Cumulative TICK Two Days? Not Recently

By Rennie on Wednesday, January 13th, 2010 at 1:08 am

Stocks closed lower Tuesday as suggested by the recent persistent decline in the S&P Oscillator (see Sunday’s commentary). While I would normally have viewed a down day as a short-term buy given the equity put/call ratio setup outlined in that same column, the price pattern drawn by…
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