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Wow guys, that is nuts! Something I was thinking about today too. Most of the "strength" is making a small monthly OR, while many of the products that have had a tougher time, (like the XHB) are making wider OR's. Nothing technical here, just an observation in the context of February as...

No! BUY THE DIP!!! : )

You know, I keep forgetting GS,(and I shouldn't). I've been watching XLK and some consumer discretionary. Still really like NKE here, but I'm on the sidelines until I get that monthly, (and I don't want to get in front of the jobs report Friday). Doing some work on the GLD here. This is...

Yeah, agreed. If I had to "guess" (and I'm not, and this means NOTHING) I'd say it has a better chance of confirming than failing. Remember, we've confirmed the weekly, so you shouldn't be trying to get short. Not that you should be long either, but don't be short.

Cramer says the market is going higher, I almost spit out my coffee...

Haha. Hilarious, thanks for sharing.

In Bizarro World: NKE - Confirmed Weekly A up, (no daily A down) F - Can't confirm my intra-day A down AAPL - Can't confirm my intra-day A down

There's one in TOS too, (you probably already know this - but just in case).

Hilarious, Joe T just mentioned this.

Yeah, I agree, but I buy the post confirmation pull-back typically and dump if it doesn't make the intra-day breakout. Isn't it amazing that there really are a million ways to be successful with ACD?

Ok, my greens are turning red now. I'm with you again.

I'm using 20 min and .25. I see weakness, but I see bounces around my levels too... interesting

Hmmm, I have failed A downs across what I'm looking at so far...

I've only had three cups of coffee today too! lol

Looks like a failed weekly in the S&P

We're above my weekly in the S&P now, watching for a confirmation here.

Nice, hey Mav, I'll build you a website, you can start a paid service. ACDmentor.com. haha

Yeah, been watching NKE for a while now. Yeah, I track a few individual names, but only as the sectors they belong to dictate. XLY has been strong, so I've had some retail names on my radar. Yep, worth it!

Asleep at the wheel: NKE A up intraday & outside week

Guess that's what happens when you cut your teeth in the post-2008 world. I'll try to be more positive : )