• 659 days Will The ECB Continue To Hike Rates?
  • 659 days Forbes: Aramco Remains Largest Company In The Middle East
  • 661 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,060 days Could Crypto Overtake Traditional Investment?
  • 1,065 days Americans Still Quitting Jobs At Record Pace
  • 1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,070 days Is The Dollar Too Strong?
  • 1,070 days Big Tech Disappoints Investors on Earnings Calls
  • 1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,073 days China Is Quietly Trying To Distance Itself From Russia
  • 1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,077 days Crypto Investors Won Big In 2021
  • 1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,081 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,087 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  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