
The NYSE TICK index has experienced unprecedented lows, reaching a record intraday print of -2,170, indicating aggressive selling across the market. This decline is attributed to a selloff triggered by the Federal Reserve's policies, with reports suggesting that the TICK index has remained at -1,500 since the Federal Open Market Committee (FOMC) meeting. The extreme reading of -2,143 is noted as one of the lowest in recorded history, surpassing even levels seen during the COVID-19 market disruptions. Analysts are interpreting these figures as a sign of panic selling among traders, highlighting the severity of the current market conditions.
NYSE tick had the worst ever intraday print of -2170 per @fundstrat
Fed-induced selloff, triggered a nasty market decline. An extreme TICK reading exceeding -2150 marked a historic level, underscoring the intensity of the selloff. Source @Tim10337907 https://t.co/xhn9pmupdt
- Significance of -2,143 on the TICK Index: - This reading is notably low, suggesting aggressive selling or "panic selling" across the market. It's an indication that many traders are selling their stocks https://t.co/KxRUx8Wjz4
