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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Gary E who wrote (20191)4/5/1999 2:30:00 PM
From: SE  Read Replies (1) of 44573
 
Short term, depends upon the TICK. If the TICK heads higher from here, likely the SPOO does as well. IF the TICK goes lower, we will correct some of today's run. I would think a TRIN of .50 indicates higher, unless the trend in the TRIN starts to climb.

EDIT - looks to me if the TICK gets above -150 we are going up.
Put up the TICK chart, one minute time frame and put a 50 period ma on it. Observe the action around that line for a while and get a feel for it. It is quite nice once you get that feel......
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