CL Redux

Quote from JoshDance:

Out .59 +21 ... spooked a bit by strength of sellers here.


Take the MONEY and RUN type of day. Market internals weak right from the open and still very weak.
 
Quote from mfbreakout:

Take the MONEY and RUN type of day. Market internals weak right from the open and still very weak.

Very conflicting signals. CL and DX both have A up ( basically means bullish intra day) /ES neutral and GC is about to make an A down ( bearish ) if it stays below 1886 for another 5 minutes.
 
Quote from mfbreakout:

Very conflicting signals. CL and DX both have A up ( basically means bullish intra day) /ES neutral and GC is about to make an A down ( bearish ) if it stays below 1886 for another 5 minutes.

btw, i'm now a firm believer in ACD, MF. worked like a charm earlier in the am. will now work on a new indicator, ABCDE. :D
 
Quote from mfbreakout:

Very conflicting signals. CL and DX both have A up ( basically means bullish intra day) /ES neutral and GC is about to make an A down ( bearish ) if it stays below 1886 for another 5 minutes.

If cl does not take out 84.80 soon and break 84.10, it can get UGLY if dxy stays at current levels.
 
Quote from DonCorleone:

btw, i'm now a firm believer in ACD, MF. worked like a charm earlier in the am. will now work on a new indicator, ABCDE. :D

Don, what time frame you are using for OR and A up or down confirmation?
 
Quote from mfbreakout:

Don, what time frame you are using for OR and A up or down confirmation?

did you get my pm from last night? i'm using both opens as i sometimes trade in the evening. nothing good on tv these days. :p
 
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