Quote from bigsnack:
If this downward trendline on the TICK breaks, I will reenter. My bias is long as long as the TICK doesn't close below -600.
NYSE TICK trendline broken on extreme readings (+1200), but still not going anywhere.
Is that a divergence worth noting or is it just a matter of time?
Wedge formation still intact as of now.
EDIT: NQ is edging higher though.
Extreme readings are signs of strength to me, not a fading opportunity.