$TICK closes above 1,000 means the market will close lower the 2nd day?


Just a note for myself, and share with you, my dear readers, as thanks for all kinds of info I've got from your feedbacks.

I read an article saying if TICK closes above 1,000 then very high chances that the 2nd day the market will close lower and the same is true for CPC if it closes around 0.8. Is it true? Check the following chart, see dashed lines, at least I don't see any edges here.

NYA

Today's Market Summary is ready, guess, my friend is busy translating it now, will be posted later.

4 Comments on "$TICK closes above 1,000 means the market will close lower the 2nd day?"
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    October 21, 2008 at 12:35 am
    Anonymous says:
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    October 21, 2008 at 9:13 am
    Nefri says:
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    October 21, 2008 at 11:10 am
    Cobra says:
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    October 21, 2008 at 11:11 am
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