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Yeah, I'd been watching MS recently, also ugly despite the original pop with the MBIA settlement. Anyone get some GME this morning? I had computer issues :mad: Oh well... GME has an 8 on the number line since Dec. CMG also an 8, but made an A down this morning. BMY made a daily A up...

Aligns well with the A down no?

Interesting read, (sounds like his Granddad had 9 lives) I'll take a look at the video after the bell. Many thanks

I was thinking the Iran situation, and the build in inventories, but wasn't thinking about the lack of strong data in China and it's relationship to 100/barrel. Much appreciated, great insights. Thanks Mav

I'm trying to determine what's going on in the energy space. As mentioned previously by Mav, crude has really underperformed since hitting 100. With UNG under its monthly, and previous superheros like APA and OXY under their monthlies, what's the fundamental take on energy right now...

For what it's worth; in my extremely limited experience, (as Fisher, Mav, and RCG have mentioned endlessly) this is KEY. ACD supplements what you do as a trader. What about this for an analogy: you buy a nice new BMW. You get the oil changed, scheduled maintenance, good tires, etc...

OXY looks like a decent short here for us equities folks. Bumped it's head on my monthly A down, (which I have it confirming yesterday).

XLI and it's components really weak here too. I have a -10 on the number line for the XLI Edit: That said, don't go XLI today if equities rally

Interesting, I was looking at the 118 and a half level, however that said, bonds are not stocks, so I understand I shouldn't be using my stock levels for bonds. I assume that's the difference? I've yet to trade bonds using ACD, so I'm dipping my toe into new waters here.

Look at the TLT. If we close above today's OR we'll have a 9 on the number line... for December alone, (not the 30 day I typically use)!

Sold BMY for a small gain. Looks like the SPY just made a weekly A down.

Numberline. BMY is approaching the highs of the day while the SPY is nearing the lows.

Long BMY @ 33.37

But I feel happy for us! :D

Look at MS! 5.5% (most of which is in this hour)

BMY above the monthly now. XLV looking really good.

Intra-day A up in XLF. Just FYI, I have that thing going from a -6 just a few days ago to a -2 prior to today's open. If we hold the 2 today XLF will have taken out 6 points on the number line in about a week of trading.

BMY continuing to show real strength. A up today, and good price action yesterday. XLV names continuing to outperform in equities. I have 33.54 as the monthly A. It just made an attempt and backed away.

A up confirming after that FT report on the EFSF. XLV, XLF, BAC (confirmed this morning). Still like BMY here. Edit: Intra-day A ups

Many thanks, that makes sense. I think I was seeing this two weeks ago in the XLV as well. Number line actually got to 9, but the ES was tanking. When the market turned around last week, the XLV outperformed. Great tell, thanks a ton Mav. Really loving the number line.