Cumulative TICK

Copyright reminder: The following research note is intended solely for the use of subscribers. Redistribution in whole or in part is strictly prohibited.

NYSE Cumulative TICK closed at +64,795 last Thursday, the third day in a row above the +50,000 level. That’s a bullish long-term indication. Over 30 closed signals since 2008, the S&P was higher one year later in every case but one. Average gain was 20%. This is the fifth signal triggered this year, joining 2016, 2013 and 2009 as the only years with 5+ signals…

NYSE Cumulative TICK >+50,000 Three Days in a Row
12/23/21… SPX ???
10/14/21… SPX +6.5% (open – ends October 2022)
09/23/21… SPX +6.2% (open – ends September 2022)
06/08/21… SPX +11.8% (open – ends June 2022)
03/11/21… SPX +20.0% (open – ends March 2022)
11/17/20… SPX +29.9% one year later
06/03/20… SPX +34.3% one year later
03/26/20… SPX +51.1% one year later
01/08/19… SPX +26.4% one year later
03/29/17… SPX +11.9% one year later
12/07/16… SPX +17.7% one year later
06/30/16… SPX +15.5% one year later
06/03/16… SPX +16.1% one year later
04/20/16… SPX +12.1% one year later
03/29/16… SPX +14.8% one year later
03/03/16… SPX +19.6% one year later
10/06/15… SPX +9.1% one year later
12/19/14… SPX -2.4% one year later
02/11/14… SPX +13.7% one year later
10/18/13… SPX +9.1% one year later
06/28/13… SPX +22.0% one year later
04/25/13… SPX +17.6% one year later
01/18/13… SPX +24.1% one year later
01/03/13… SPX +25.5% one year later
11/20/12… SPX +28.4% one year later
07/03/12… SPX +19.4% one year later
08/30/11… SPX +16.3% one year later
07/26/10… SPX +20.0% one year later
02/18/10… SPX +20.7% one year later
01/11/10… SPX +10.7% one year later
09/08/09… SPX +7.2% one year later
07/15/09… SPX +17.6% one year later
06/26/09… SPX +16.9% one year later
04/02/09… SPX +42.3% one year later
01/02/09… SPX +21.6% one year later

Copyright 2021 Yang Market Research - All Rights Reserved