This is usually a pretty decent indicator. Right now the S&P is down 25 and the ADD is only -645. Generally When the ADD is down 645 the market would be down 5-6 points.
Any thoughts on why there is such a huge difference today?
I totally got suckered by that rally after the fed minutes and held much longer then I should have because the internals (TICKS and ADD) looked so strong)
Any thoughts on why there is such a huge difference today?
I totally got suckered by that rally after the fed minutes and held much longer then I should have because the internals (TICKS and ADD) looked so strong)