Asomani above presents an interesting cumulative tick chart on the IWM that shows apparent accumulation. Yet, Manucastle in his post stated: Yesterday, the R2000 tick ($TIKRL) behaved VERY differently than the NYSE tick ($TICK) and the all market tick (TIKUSC). The R2000 declined for most of the day while the other 2 were generally rising.

Billy, do you know of an explanation for this apparent discrepancy?