The ACD Method

Seeing both the ES and CL as neutral. 30D macro on ES is -8, 30D macro on CL is +5.
Question: what does Fisher say about a pivot moving average cross? I recall something in the book where he just follows the slope. I am showing a pivot moving average cross up (bullish) on CL. the 14D PMA is crossing up both the 30D and 50D. Any thoughts?
 
ES has not made an A or C in 4 consecutive trading sessions. (0 daily macro score for 4 days straight). The Macro ACD score has gone from 0 (yesterday) to +8 (for today). Market is clearly neutral looking for a new direction (in need of new information) that it will get this week with earnings from 3M, Apple and FOMC. Should be an interesting week ahead. Btw, are we the only two left on this chat?
 
OSOROCKS said:
Btw, are we the only two left on this chat?
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Some of us are merely watching from the shadows.

OSOROCKS said:
Question: what does Fisher say about a pivot moving average cross? I recall something in the book where he just follows the slope.
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From the book: You ride a trend when they're all going together; in unison. If any of them are crossing each other, then it's in confusion so you're analyzing; waiting for them to unravel and go back to trend or it's the end of one and you're looking to closing out, etc.
 
I read this book recently.
I wants to know "where is the best TP on ACD method?"
unfortunately, I couldn't find the best price for take profits.
 
SALEHACD said:
I read this book recently.
I wants to know "where is the best TP on ACD method?"
unfortunately, I couldn't find the best price for take profits.
More...

I think most people set ATR targets after a confirmation.

On another note, you might want to consider looking at it a different way. I've attached a graph that shows the hit rates of A values based on their 5 day number lines for a particular stock. My point being that there are other takeaways from this method besides what's in the book, but you have to do your own analysis with the data.
 

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CL 30D macro line has broken below 9, showing it now at a 7. Also showing the pivot moving averages pretty neutral. With today's failed A up and A down, we might be staying in neutral here for a while or even moving lower. Should be interesting to watch. The ES is still reading high at +21 but todays A down on positive trade talk news smells of a sell off to come. The only think worrying me is that everyone is screaming bear market correction, and if we follow the book, if everyone is going in one direction that usually not the way to go. This week will tell alot.
 
Interesting to note that the NQ has failed to make an "A" for the last 4 trading sessions. CL had a number line of zero going into friday (first time in a while it was not positive) and after friday the numberline is now -5.
 
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