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Currencies? How about CHF/JPY?

Let's move on to stocks, how do you like them apples? Notice how well it contained the price action last year.

NQ anyone? How do you like that action last year?

And of course our Natty Gas. Perfect failed yearly A down so far.

Here are the levels for Crude. It looks like that 112 level is a huge level.

Next chart are the levels on Bonds. We failed almost to the tick at the yearly A down. Very impressive. Last year we initially failed at the yearly A up before breaking out. And where was that breakout? The debt ceiling debacle in July!

I'll post some of my yearly ACD charts. Amazing how well the fractals work. This first chart are the levels for Gold. Note the failed yearly A down last year and the failed A up this year.

Coffee has been bouncing off the monthly A down here at 175. That level is holding but only one more day in the month. The QTR A down is 165. That is the level to watch until we get next month's levels.

Any updates?

Yeah Quon, I don't understand that either. My math might be a little rusty. :) This is why I started creating my own number lines. At least I know why and how the numbers add up.

The 5 day rolling number line for Crude is +3. But it has picked up momentum lately. Five days ago it was -10. On my monthly number line which re-sets at the beginning of each month is -3. The range on the monthly has been -6 and +4. I consider strong signals to be +/- 7. So the monthly...

Can anyone make sense of the number line attachment MBF posted? I tried looking at the soybeans number since I felt that was by far the strongest product right now and none of those numbers listed were strong. Anyone have any ideas?

Wow King! You are moving in for the "double fade"! Gutsy move. :)

Actually, when we got up to 1400 the first time in the ES I was commenting on here that the number lines were not confirming the price action in the ES and sure enough, we corrected 75 handles over the next 2 weeks. Then the number lines started to firm up really fast when we tested the QTR A...

As far as how I deal with the +24 numbers, the 5 day rolling really shows the change in momentum and that is precisely why I created that.

MFB, thanks for posting the file! Just so I am reading this right, is the 30 day number line for ES +9? Is it the 30 day cum ABCD line? I never know which line is which when I look at that.

Here are my 30 day number lines for the indices: SPY +6 IWM +11 QQQ -3 DIA +5 The Q's got hit on some earnings names but overall, this market is holding a nice bid.

MBF, the number lines have been very strong in a lot of sectors and in the indices they have been moderately strong. I don't know why you would think the market should sell off. What are you basing that on? The number lines have been spot on all year. They have led the market higher and...

Beans!

Risk on and risk off ETF total shares traded so far today: 0 :eek: