Author Archives: RainsfordYang

Elevated Highs and Lows

S&P500 new 52-week highs and lows both topped 15 on Tuesday,

Monday was yet another session in which the S&P closed higher while NYSE TICK reflected underlying selling pressure.

Nasdaq futures +0.7% overnight. After Friday’s downside gap,

When the NDX posts three small declines in a row

Two bulllish signs from NYSE TICK.

Last 30 occurrences shown below.

Monday was the fifth consecutive session with zero program trades.

SPX and NDX closed over their upper bollinger bands three consecutive sessions as of Friday’s close.

S&P up only 28% of the time in the two days following this pattern.

Volume was huge on Wednesday. NYSE volume exceeded its upper bollinger band.