The structure of the large market tick chart is composed:
White lines and yellow lines.
(1) White curve
Represents the large-cap weighted index, that is, the large-cap index calculated by considering the proportion of the number of shares in the total market share capital, which is the actual index of the large-cap published by the Stock Exchange on a daily basis.
(2) Yellow curve
Indicates that the broader market does not contain weighted metrics, that is, a large-cap index calculated from the average of the equity capital of the entire market, regardless of the number of shares.
According to the relative position of the white and yellow curves, it can be seen:
(1) When the broader-cap index rises, the yellow line is above the white line, indicating that the smaller stocks in circulation have risen more than the large-cap stocks; conversely, the small-cap stocks have risen behind the large-cap stocks.
(2) When the broader-cap index falls, the yellow line is above the white line, indicating that the smaller stocks in circulation have fallen less than the large-cap stocks; conversely, the small-cap stocks have fallen more than the large-cap stocks.
Red-green bars:
There are red-green bars near the red and white curves, which reflect the ratio of buying and selling orders of all stocks in the market in real time. The shortening of the growth of the red bar indicates the increase or decrease of the upward buying force; the shortening of the growth of the green bar indicates the strength of the falling selling order.
Volume:
Volume refers to the number of deals for a transaction in a time period. The column is long and the volume is larger; the column is short and the volume is smaller. The concentration and length of the volume bar indicates that the transaction is dense, and the funds for buying or selling are concentrated, on the contrary, the volume bar is short, and the number is small, and the funds for buying or selling are scattered.
After ending the structure of the large-market tick chart, the next thing to think about is how to use the above content to judge the inflection point and the rate of rise and fall of the market.