Friday, December 19, 2008

Up Day?

The blue line on the $TICK daily chart is the (H+L+C)/3 pivot, and the purple line is the 20-Period SMA of the $TICK.
Since late September, the day following a 2-day downtrend of the $TICK pivot has closed higher than the 0930 ET open 8 out of 10 times.

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