TICK NYSE Tick Index 1-Minute Chart; Uber Low -1400 Tick's

The TICK machine was active today in the midst of the stock market chaos. Note that starting from 2:30 PM EST in the afternoon on Thursday, 2/8/18, the TICK machine began printing sub -1000 ticks. Remember, -1000 and lower is excessive bearishness and where stocks typically rally. If you are entering a long trade you always try to time it with a low tick.

Conversely, a +1000 tick indicates uber bullishness and stocks will receive a little slap down so this is what you want to see when you are putting on shorts.

After 3:30 PM, the markets deteriorated and the SPX (S&P 500) flash crashed -2% during the last half-hour losing -3.8% on the session. Note the -1400 ticks. This is off the chart bearishness. The baby, bathwater and the kitchen sink are all thrown out the window. Jimmy, a seasoned trader, could not take the pressure today and jumped out the window when the flash crash occurred, fortunately, his office is on the ground floor.

That cluster of -1000 to -1400 tick's is fear, panic, blood in the streets and mayhem all rolled up into one. Typically you would expect a bounce in stocks off of these uber low ticks.
This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.