The All New Market Analysis
Variation of a buy signal using the "Tick Index" and "Candlesticks"
A condition that usually leads to a short term bottom is when the day after a -900 or greater down-tick reading is recorded, another extreme down-tick (about 70% of first or greater) is recorded and the market will draw a bullish candlestick pattern.
S&P futures Candlestick Chart
Variation of a "sell" signal using the "Tick Index" and "Candlesticks"
A condition that usually leads to a short term top is when; the next extreme up-tick day after a +600 or more up-tick day is recorded, (the second extreme up-tick is usually about 70% of the first extreme up-tick) and the day after the second extreme up-tick day a bearish candlestick pattern is drawn. The day of the bearish candle is the sell signal. The second high tick day should not exceed the first high tick day by more than 5 S&P points.
The Ord Oracle--Tim Ord
17300 Van Dorn Street, Walton, NE 68461
Phone: (402) 486-0362
Fax: (402) 486-0390
©Copyright 1996-2001 The Ord Oracle
This site designed and hosted by InfoVision, Inc.