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H&S measurement and 38% retracement, isn't that where all the bus people will load up - before resuming the decline?

Confirmed A down (month, week, and day) on the major indicies as we march down to 1290 es

I certainly got movement in the number lines today! The relationship is still favoring IWM (0 today) with QQQ (-4 today) being the laggard.

My daily number line for SPY has been zero five of the last six days and the sixth day on May 9 was a +3. SPY has been testing the A up or down, but not confirming either. Clearly, my method is different from others, but it's been pretty good. For example today my A values are: SPY...

Thanks Mav, I use only RTH data so my number line has had little movement, I may neet to reconsider that!

Thanks Shan, I get your point, all data is contextual and must be considered in light of the full view and not just one data set. It makes great sense to balance the daily with the weekly for current circumstances.

So here's an example of what I see. My SPY 5 day cumulative number line on May 1 was +4. Today it's +3. In that time the SPX has dropped from 1405 to 1338. The decline is happening overnight on European news with little day session followthrough. The weekly number line would do a good job...

Although the number line is relatively strong, it may not be indicative of a strengthening market when so much action takes place overnight and we see these large gaps.

http://www.mcoscillator.com/learning_center/weekly_chart/a_seasonal_quandary/ Sorry, the May 14 date is actually in this article.

http://www.mcoscillator.com/learning_center/weekly_chart/is_jpm_the_burning_loh/ An interesting article by Tom McClellan suggesting a top in bonds and bottom in equities on May 14 +/- a day or two. I'm looking for a test of the March 6 ES low next week and if successful a good tradable...

No disrespect intended, this thread and the generous contributions have been an invaluable supplement to the material from Mark Fisher. Seems the few times I posted I was talking to myself, guess I need to be more persistent. At least I resurfaced the post from Chaos! :)

Chaos, there's a tremendous amount of good information on this thread, but you're not going to get much of a response from the regulars, they pretty much stick to themselves. I think your suggestion has some merit. As you noted, the higher absolute value shows that the stock or futures...

Well that was interesting. I had a confirmed weekly A up for DIA and SPY only to have them confirm a weekly C down today. QQQ and IWM had failed weekly A up and confirmed A down today. Couple that with a seasonally weak time of year and the market should see more weakness next week.

QQQ up 2.66% and still a zero on the number line. It tagged my A up at 66.48, but that's it. The 5 day number line is -8, but the -4 from April 19 falls off tomorrow. Same story for the other major indicies, zeros across the board today.

I wrote the following number line rules based on the examples in the book. Do you see any errors that I made and need to correct? I hope the formatting works! Thanks for any feedback. ACD Number Line Analysis The number line is a -4 if: • The market confirms an A up then on the last...

UNG has been on the move today. After a spike down on the inventory report it rallied to confirm an A up. I have it testing that A up now. The report was pretty bearish so I'm surprised with the strength.

Bonds have been volitile this week. I had a confirmed weekly A up on Monday and a confirmed weekly C down today.

I'm flummoxed wth the SPY weekly. Market traded high enough for long enough that I have a confirmed weekly A up and a confirmed daily down.

SPY failed the daily A up at 135.21 and is now confirming the A down below 134.6.

Biotechs have been a hot sector of late. IBB confirmed a weekly A up Monday, but today confirmed an A down and is approaching the weekly C down. Is this a leading indicator of market weakness or just sector rotation? We'll know soon enough.