• 749 days Will The ECB Continue To Hike Rates?
  • 750 days Forbes: Aramco Remains Largest Company In The Middle East
  • 751 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,151 days Could Crypto Overtake Traditional Investment?
  • 1,156 days Americans Still Quitting Jobs At Record Pace
  • 1,158 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,161 days Is The Dollar Too Strong?
  • 1,161 days Big Tech Disappoints Investors on Earnings Calls
  • 1,162 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,164 days China Is Quietly Trying To Distance Itself From Russia
  • 1,164 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,168 days Crypto Investors Won Big In 2021
  • 1,168 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,169 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,171 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,172 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,175 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,176 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,176 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,178 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

A Tick Trick for Day Traders ...

If you have ever looked at the 1 minute TICK, it looks like a picture of chaos as seen below.

But it can be used by investors looking for an entry point, or by Day Traders by using a simple trick as seen on today's second chart ...

1-Minute Tick Chart

The chart below is the same Tick chart as above, but with a Smoothed Moving Average of 80.

Notice what happens if you draw a horizontal line at zero and watch the green Smoothed Moving Average as it rises above or below the line.

When it is above zero and trending higher, the SPY (seen on the bottom of the chart) has a nice intra-day up rally ... see the white circles.

Now, look at what happens when the green Smoothed Moving Average falls below the zero line where the orange circles are. The SPY had an intra-day drop worth paying attention to.

That is our Tip for today, have a great weekend ... If you are not already one of our paid subscribers, why not given it some consideration?

1-Minute Tick Chart with Smoother Average of 80

 

Back to homepage

Leave a comment

Leave a comment