![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6_7oizAAzXZNnTLT5O7ZB2Xnh11Ug4Nl73WbjpxqZo1VS9uYpjwgxR75FQXqOAKio9xn6c97XxRl-iCV6lJSLbpYXeU5HidUZ0ORCvXGX_VuFe0MtcrGpfVzlRDG0x-CyHaWq/s400/TICK102609.gif)
Above we see the NYSE TICK for the morning; note the steady weakening, particularly as the U.S. dollar broke higher a little before 11 AM CT. The multiple readings below -1250 in TICK show very significant and persistent institutional selling, as we broke below the multiday range led by financial issues. Echoes of the bear market: It's been a while since we've seen panicky selling led by the banks.
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