shows the TICK levels - we broke out above that one this morning
and in the middle of this thin zone. Someone commented earlier that
the market is still strong, yes - we are in middle of thin zone, I
didn't expect much of a pullback, I have favored a move all
day
The next resistance zone is 4133 I still favor a move to that.
That's why I have avoided shorting today.
Now if price next week can take out that 4136, there's ANOTHER
thin zone from 4136 to 4155
yeah, I mean when price was in the mid range of this thin zone
earlier and you guys were looking to short, I was like not me, we
are in the thin zone, I'm expecting prices to move up into it, not
fall, and that's what's been happening all day
SPX TICK levels
Posted by matt on 31st of Mar 2023 at 03:06 pm
shows the TICK levels - we broke out above that one this morning and in the middle of this thin zone. Someone commented earlier that the market is still strong, yes - we are in middle of thin zone, I didn't expect much of a pullback, I have favored a move all day
The next resistance zone is 4133 I still favor a move to that. That's why I have avoided shorting today.
Now if price next week can take out that 4136, there's ANOTHER thin zone from 4136 to 4155
Thank you Matt, don't want
Posted by bosco on 31st of Mar 2023 at 03:14 pm
Thank you Matt, don't want to triple down early!
yeah, I mean when price
Posted by matt on 31st of Mar 2023 at 03:22 pm
yeah, I mean when price was in the mid range of this thin zone earlier and you guys were looking to short, I was like not me, we are in the thin zone, I'm expecting prices to move up into it, not fall, and that's what's been happening all day
price has now ALMOST made it up to the next area
Matt, do these white dotted
Posted by junkie on 31st of Mar 2023 at 03:07 pm
Matt, do these white dotted lines correspond to price levels or volume levels?
so depends on which chart
Posted by matt on 31st of Mar 2023 at 03:13 pm
so depends on which chart - on my TS TICK chart - the thin white lines are areas where NYSE TICK went above 1000 but less than 1100
The thicker white lines are where the TICK went above 1200
the really thick ones are where the TICK went above 1500
on Trading View the thin blue lines are where TICK was 1100 or less, and the white ones above 1200
excellent, thank you!
Posted by junkie on 31st of Mar 2023 at 03:20 pm
excellent, thank you!