[namstrader]

it is same in the respect that it is a ticks chart showing the adv issues vs. the decl issues LIKE the nyse ticks chart. Sorry for the misunderstanding. Yes I know it is not an exchange, but about 6 months ago when I was very interested in the ER2, I began to watch the $RUT/TICK.I.

I was using Sierra charts at the time and they did not a symbol for a ticks chart for the Russell, and I stumbled on a symbol at Scottrade. I am also watching the delta bars closely for enlightenment. At areas upon earlier bars that show large bids or asks over 400, I place a horizontal line to see if support or resistance may occur at these points. Just playing in the sandbox now with market delta.

[TinGull]

Ah. I see. Might as well be an exchange with all the issues that it holds....

Thanks for clearing that up for me!

[TinGull]

With the Nasdaq TICK, since I don't have access to a Russell tick... Yes, it seems to work great. Here's an example from Fridays session. Notice how we hit the S1 3 times, and we had higher lows on the TICK...

[TinGull]

When the issue moves higher and the TICK values are progressively getting less and less, say over a time frame of an hour...at what point do you say, this markets seeming like it might really make a correction?

[MrPaul]

Originally Posted by TinGull »

With the Nasdaq TICK, since I don't have access to a Russell tick... Yes, it seems to work great. Here's an example from Fridays session. Notice how we hit the S1 3 times, and we had higher lows on the TICK...

Hey Tin

Are you using the nasdaq TRIN with that?

[TinGull]

I do follow the TRIN, yes.

[MrPaul]

Originally Posted by TinGull »

I do follow the TRIN, yes.

cool thanks

[TinGull]

no problem at all