Cumulative NYSE TICK – MarketTells.com

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Cumulative NYSE TICK is set to close in the +40,000 range, maintaining the relentlessly positive tape action of recent weeks. This type of action normally precedes further upside for stocks over the intermediate-term. Since the elimination of the uptick rule in 2007, there have been 26 separate occurrences of this intermediate-term signal The S&P was up 22 times, down 4 times two months later. Average gain was 3.6%, average loss 2.2%. 5% moves were 8-0…

Cumulative TICK Intermediate-term Buy Signal
06/02/21… S&P500 ??? two months later
04/14/21… S&P500 +1.9% (open – ends mid-June)
06/03/20… S&P500 +5.5% two months later
12/20/19… S&P500 +0.1% two months later
01/17/19… S&P500 +7.1% two months later
07/26/17… S&P500 +0.8% two months later
07/20/17… S&P500 +1.3% two months later
04/03/17… S&P500 +3.4% two months later
06/08/16… S&P500 +2.9% two months later
03/03/16… S&P500 +3.5% two months later
11/11/14… S&P500 -0.8% two months later
08/25/14… S&P500 -2.4% two months later
06/30/14… S&P500 +1.9% two months later
02/26/14… S&P500 +1.3% two months later
01/21/14… S&P500 +1.2% two months later
10/28/13… S&P500 +4.5% two months later
05/07/13… S&P500 +0.9% two months later
03/15/13… S&P500 +6.3% two months later
01/16/13… S&P500 +5.1% two months later
09/20/12… S&P500 -4.7% two months later
02/01/12… S&P500 +7.2% two months later
01/10/12… S&P500 +6.1% two months later
02/25/10… S&P500 +7.3% two months later
12/29/09… S&P500 -0.7% two months later
10/21/09… S&P500 +2.3% two months later
09/22/09… S&P500 +2.2% two months later
07/27/09… S&P500 +7.0% two months later