The ACD Method

SteveM · Feb 22, 2016

koolaid said:
My setup is signaling to long equities. What is everyone's opinion?

Don't want to drift far away from ACD here, but I do believe some market breadth indicators are valuable in conjunction with using numberlines to size up the market.

Using Nasdaq composite new highs - new lows unquestionably has merit in my opinion:

http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&st=2003-02-22&en=(today)&id=p33641102778

There are some interesting free articles about it available via google search.

redbaron1981 · Feb 22, 2016

SteveM said:
Don't want to drift far away from ACD here, but I do believe some market breadth indicators are valuable in conjunction with using numberlines to size up the market.

Using Nasdaq composite new highs - new lows unquestionably has merit in my opinion:

http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&st=2003-02-22&en=(today)&id=p33641102778

There are some interesting free articles about it available via google search.

http://www.indexindicators.com/indicators/breadth/

Robert Yanks · Feb 23, 2016

My “Sweet Spot” midcap index (IJH) will confirm tomorrow with anything except a -4.

Consumer Staples (XLP) confirmed last Wednesday and Consumer Discretionary (XLY) confirmed on Thursday. I’m keeping more and more consumer stock number lines. I like’um.

I had a number of resets on Friday and today.

redbaron1981 · Feb 23, 2016

Robert Yanks said:
My “Sweet Spot” midcap index (IJH) will confirm tomorrow with anything except a -4.

Consumer Staples (XLP) confirmed last Wednesday and Consumer Discretionary (XLY) confirmed on Thursday. I’m keeping more and more consumer stock number lines. I like’um.

I had a number of resets on Friday and today.

IJH has been ripping up since mid Jan despite a small pull back at the start of February.

Although XLP is confirming for me also there is a lot less momentum in that number-line compared to IJH.

See the below chart for Broad market and sector ETF´s.

koolaid · Feb 23, 2016

is it weird that my NL for AMZN firmed up so fast before everything else? Does anyone else that track AMZN? any thoughts?

Maverick74 · Feb 24, 2016

Gold....

Maverick74 · Feb 24, 2016

Pound crosses continue to get crushed.

rt5909 · Feb 24, 2016

Maverick74 said:
Pound crosses continue to get crushed.

maybe soon I can finally afford that nice little dairy farm on the Isle of Man....

hoop121 · Feb 24, 2016

Cheniere is ripping. Up over 50% from the lows two weeks ago. They are exporting their first cargo today.

hoop121 · Feb 24, 2016

SteveM said:
Don't want to drift far away from ACD here, but I do believe some market breadth indicators are valuable in conjunction with using numberlines to size up the market.

Using Nasdaq composite new highs - new lows unquestionably has merit in my opinion:

http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&st=2003-02-22&en=(today)&id=p33641102778

There are some interesting free articles about it available via google search.

I beleive ACD works very well alongside other methods/systems. Like Fisher says in the book though, if 49 out of 50 indicators say go long, but ACD says no, then don't go long.