The TICK and TRIN are not a over done indicator what they do is tell a story. If the TICK is trending down and the market is not that tells you the bids are strong. Also when it gets to an extreme lets say a negative 1000 and the market fails to go lower that just says the marked is getting stronger and is about to change direction.
Kicking.. take a look at the the trin reading yesterday.. the tick doesnt have the same feel when you have an extreme reading in the TRIN, which climbed over 3 yesterday afternoon.. -qwik
Thanks , I used to watch the TRIN along with the TICK when trading stocks exclusively but overlooked it since I started trading mainly ES. Interesting chart of the TRIN yesterday , how frequent and significant are patterns like yesterday pm triangle ?
Does anyone know a resource for downloading free historical $TICK indicator data? It appears this is no longer available on Yahoo. Any advice would be much appreciated. Thanks.