James,

Could you edit your link #1 above to point here:

http://media.traderslaboratory.com/V...apereading.swf

thxs

[Soultrader]

Thanks for pointing that out. I fixed all 3 links.

[dalby]

i notice you reference TRIN levels right after the opening. imo, TRIN is useless in (at least) the first 1/2 hour. after then, i start looking at it.

that's just my opinion though.

The first THREE minutes are useless for market internals like $TICK or $TRIN as they need to settle to current market activity.

Thus, in TS, I've set them to a custom session beginning at 8:33am CT (9:33 ET) to account for this discrepancy.

[notouch]

I don't use internals at all any more - just support, resistance, price and volume - but out of interest what do you mean by "they need to settle to current market activity"?

Ever look at the first couple of minutes of these internals, right at and after the starting bell?

$TICK, $TRIN, $WPCVA (put/call) and $VIX are slightly askew until the market activity settles from the initial open.

These readings are usually discounted by seasoned market technicians for the first 2 or 3 minutes of RTH activity.