The market is oversold but shows no signs of a relief rally. It is rare to have this many consecutive down sessions but the market is speaking.
Total tick for the day was 32,000 and the average tick for the day was 20. There were 109 ticks greater than 600 and 87 ticks more extreme than -600. There were 25 ticks greater than 1000 and 19 ticks more extreme than -1000. The tick action suggests institutional accumulation.
Our tick chart for Friday is interesting because it suggests that a short-term bottom was forming. When the market opens sharply lower and you see so many very large ticks (notice that there were 43 ticks greater than 1000) with the bulls owning the advantage, this is commonly a bottom being made. This is less than convincing Friday because the SPX closed in the lower half of the intraday range.
tick01 tick chart 07292011 There were 25 ticks greater than 1000
回答: 抛物线01 抛物线是圆锥曲线的一种,它的非线性性质在混沌动力学中被经常利用到,然后平地起惊雷,说,周期三导致混沌,出现了周期三,
由 marketreflections
于 2011-07-28 16:45:39