MarketTells.com » End-of-Day Commentary

Two End-of-Month Seasonal Patterns to Remember

Rennie — Fri, 30 Jul 2010 06:00:08 +0000

Heading into the final three days of July the S&P500 was up 8%. I initially ran some tests under the hypothesis that such unusual month-to-date strength would lead to…
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Low Volume, Narrow Range Pullback

Rennie — Thu, 29 Jul 2010 02:12:20 +0000

NYSE TICK barely pierced the +1000 level on Wednesday, posting its lowest high in nearly two months. That brings to mind this early February column concerning instances when the NYSE TICK posted…
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Mixed Signs From This Candlestick Pattern

Rennie — Wed, 28 Jul 2010 06:36:09 +0000

After three days of higher closes and white candlesticks (close > open), S&P futures posted a fourth consecutive higher close Tuesday but settled below the open. Looking back…
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Cumulative Breadth Hits New All-time High

Rennie — Tue, 27 Jul 2010 01:54:35 +0000

The S&P traded above Friday’s high right at Monday’s open, triggering the short-term buy signal discussed over the weekend related to…
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Two-day Cumulative TICK Just Under +200k, Highest since Last July

Rennie — Mon, 26 Jul 2010 00:19:14 +0000

The S&P500 followed through from Thursday’s 90% up volume day with another strong session. Cumulative TICK closed in the +100,000 range for the third time in the last five sessions, a bullish cluster that normally leads to…
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S&P Advances on Increasing Volume, Improved Market Internals

Rennie — Fri, 23 Jul 2010 07:17:47 +0000

Last week’s program trading report revealed 46.5% of total program volume was executed as principal, for member firms’ own accounts. Above-average program activity is…
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Insight from the SPX 65-minute Chart

Rennie — Thu, 22 Jul 2010 05:48:07 +0000

Thanks to Bob Barnes (BZBTrader) for this recent post that highlights the concept of utilizing 65-minute bars for intraday analysis. With 390 minutes in a trading day, 65-minute bars are a better fit than traditional hourly bars, in which the final bar of each day is really only 30 minutes. I’ve been examining these 65-minute bars with the S&P500 and noted something interesting this evening…
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