The All New Market Analysis
Rules to watch for when trading with the "Tick Index"
In run away market the tick index readings will exceed +600 for rallies, and -900 for declines for extending periods of time. When the open and closing range exceeds 3 S&P points the trend is still intact even though tick readings have reached the upper limits of +600 for tops and -900 for bottoms. In other words, no turning point in the market is anticipated until the open and closing range on the S&P’s narrow to less than 3 S&P points.
Illustration for anticipating a turning
point in the market
S&P Futures candlestick Chart
Figure 7 & 8
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.