01-17-2012 Oil pit Close.
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The ACD Method
- Thread starter sbrowne126
- Start date
SPY bounced off the weekly A down today. We'll see if that holds.
2) ACD method is my core and i use Market profile basic concepts as a layer to ACD. I did not look at market Profile chart yesterday and as a result failed to see why Feb. contract ( CLG2) yesterday found support yesterday at 99.48. Chart is attached.
I will be attaching market Profile chart from time to time , if it gives some areas to watch.
I will be attaching market Profile chart from time to time , if it gives some areas to watch.
Attachments
Quote from mfbreakout:
2) ACD method is my core and i use Market profile basic concepts as a layer to ACD. I did not look at market Profile chart yesterday and as a result failed to see why Feb. contract ( CLG2) yesterday found support yesterday at 99.48. Chart is attached.
I will be attaching market Profile chart from time to time , if it gives some areas to watch.
here is market profile from yesterday for clg2
Attachments
AAPL new all time high today. This is for the King.
Quote from Quon:
Intra-day A ups being made early. SPY. Still, this market has a weird feeling to me, (what do I know?). I'm just very hesitant for some reason. Just an observation on where my head's at.
XLB is now 9, XLF fell to an 8 on the 30 day line. XLV, (former champ) is now a 2.
Bonds are breaking down, so is the dollar. If we take out that swing high at 1302, you better buy with both hands.