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DX has confirmed a monthly A down but still holding above the QTR level. Since it failed the monthly A up in such dramatic fashion I've been hesitant to touch it. NL is still positive at +6. Is this one of those situations where it's best to leave things alone for a while now that the "easy...

I track the futures and have copper at +9, but needs another day at that score to confirm.

I also wanted to revisit crude oil. My NL reset back in mid August and the price action did become choppier after that time. So now I have a confirmed monthly A down and a fresh negative NL confirmation, and crude is looking to close below my Qtr A down today, with YR A down not far below...

So the dollar finally showing some signs on weakness. Early cycle weekly A down this week and a hard failure at the Monthly A up. NL is still strong so as long as the monthly A down doesn't confirm then it still looks good. That an ok analysis? :)

Yeah I have some notes in my ACD manual saying how once something has had a monster move don't keep going back for more, because now everyone is trying to get involved and it could get sloppy. TSLA had the huge run last year so fits in with that. That makes perfect sense, thanks. We want...

Mav, do you have any targets in mind for FX land or this USD breakout? Cable in particular seems to be in "take any failed A up you can get" mode. Are we looking for the yearly level to get tagged in this one?

Thanks guys for the TSLA scores.

Anyone track TSLA and want to share their number line value? I have it at +8 which seems oddly low for something that's been so bullish-looking the last few months. Seems like some large opening range moves and gaps account for the lack of +2's in my scoring. Just curious if anyone else shows...

I never found anything about scoring charts online. I just re-read the book chapter a few times and really tried to understand what Fish was getting at, and then came up with and wrote down what I thought were logical scoring rules. Haven't been at it long enough to know if my scores are...

How about stuff that has calmed down after a big run? As an example, JAZZ peaked back in February after a monster run and has been going nowhere since. WYNN shows a similar pattern. Would it be ok to start tracking it again after say, 6 months of sideways drift? Or is it still in "too widely...

Good stuff, not at all obvious when looking at a chart. I've been building a stock watchlist and going back and back-calculating NL's so I have some history on them. Time consuming work! You guys have any tips for when to stop tracking a stock? As it is I can see myself slowly adding to my...

Just thinking ahead here... I notice the first day of Sept is a US holiday (Labor Day). How will that effect monthly levels for FX next month? Do I use Sept 1 as the first day of month anyway, or use Sept 2 instead?

I was thinking the same thing to myself last night. Pretty much everything is in "confirmed" mode for me. That's good to know! Hopefully I can do a better job capitalizing on it going forward. ;)

That makes sense, thanks.

I mean, what if the market is getting weaker, but the 30 is moving in the opposite direction? I had crude at -19 in mid-July when it was trading above 100. Now a month later, trading 5 handles lower, and I had it at +6. An over 20 point positive swing in the NL while the market had moved...

Thanks Mav. That does make sense. So what do you look for in a NL divergence? Is that something that is more useful on the 5-day than the 30?

Interesting. Since they had verifiable track records to start with, what do you think happened to cause them to lose profitability? Or is it impossible to say? I personally know of a guy who lost money to a "scam" money manager. Although in this case, when the guy was taken to court it was...

Looked over things and don't see any mistakes for my scoring. FWIW I had CL at +6 as of close on Friday, compared to -18 a month earlier on 7/15. So that is what I meant by firming up and looking like a potential divergence.

Ok thanks, looks like I need to double check my scoring of late because mine has reset and gone positive.

What are you guys seeing in CL? I know it's below the QTR level but my NL was really firming up despite the continued weakness in the chart. But now that it has busted through the monthly that throws that idea out, at least temporarily. Had anyone else noticed this? I had been thinking to...