How to Know When the Market is Ticking Up or Ticking Down

Jim asked about the 1-minute chart on yesterday’s video…

The tick index can be another indication of which way the market is moving.

Here’s how I have mine set up…

The following are the tick index symbols on TradeStation:

• $TICK – NYSE Tick ($TICKC – NYSE Tick Composite)
• $TIKI – DOW 30 Tick ($TIKIC – DOW 30 Tick Composite)
• $TIKQ – NASDAQ Tick
• $TIKND – NASDAQ 100 Tick
• $TIKSP – S&P 500 Tick ($TIKSPC – S&P 500 Tick Composite)
• $TIKRL – Russell 2000 Tick ($TIKRLC – Russell 2000 Tick Composite)
• $TIKA – AMEX Tick ($TIKAC – AMEX Tick Composite)
• $TIKR – ARCX Tick ($TIKRC – ARCX Tick Composite)
• $TIKUS – All US Tick ($TIKUSC – All US Tick Composite)
• $TIKUSL- All Amex, NASDAQ and NYSE Tick ($TIKUSLC – All Amex, NASDAQ and NYSE Tick Composite)