$tick $tickrl $tikusc

[grems8544]

Does anyone have the low tick for the day, and can compare it historically to previous market bottoms?

Here's the weekly 10-year on the NYSE tick:



-1500 is an extreme threshold but we do seem to have capitulation within a few days/weeks after hitting that level.

Here's the daily:



There does not appear to be a good correlation with the -1500 level and a market bottom ....

[adam ali]

Thanks, Paul. As you, Billy and Bob have rightly pointed out, this is much more a secondary tool.