Market Internals Indicator

Overview The tick is used by many traders for timing their entries. TICK levels above 400 or below -400 are often a very clear indication for a (short term) reversal. Traders looking at placing a long trade will want to open their trade when the TICK is below -400 and traders looking to place a short trade will want to open their trade when the tick is above +400. Another entry is when the TICK makes a new high or low for the day while simultaneously making a new high price or new low price of the day. This is often an indication that a trend reversal might happen and can be used as an early entry into the new trend.   NYSE Breadth and Advance/Decline chart The Market internals consists of a separate 1-min TICK chart in which we can view the current TICK as well as the highest and lowest TICK of the session. The chart also shows the NYSE Breath at the open of the session. The current NYSE breath and the current Advance/decline value Shows current TICK Shows Highest/Lowest TICK of t