The ACD Method

Hello HomeGamer ACD retirement mutual fund movers.

The short term number lines sure hit well this month with my retirement mutual funds. Many were signaling strength before the monthly A ups.

Some Examples: DIA on 2/3/15; IJJ on 2/3/15; IJK on 2/5/15; IJR on 2/3/15; IJS on 2/3/15 and so on. In the Sectors: XLF on 2/5/15; XLI on 2/5/15; XLY on 2/3/15.
 

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A number of notable actions today. A few:

First time in a wee while that Emerging Markets (EEM) has had short term positive NL’s. The 30 day is 11 so it too could confirm tomorrow.

Bio Sector (IBB) is short term positive today and also hit a 52 week high.

First time in a very long time that OIH had a positive short term NL’s. The 30 day is still negative but a move needs to start somewhere. Who knows?

Other short term positive tonight are Mid Cap Index IJH; Mid Cap Value IJJ; Transportation IYT;

Copper confirmed the 30 day
 
Wti failed at my monthly Aup 3x this month...but COB today have my 30d NL at+11 and 5d at +7...so a bit intrigued
anyone seeing similar or care to share some thoughts?
 
boze_man said:
Wti failed at my monthly Aup 3x this month...but COB today have my 30d NL at+11 and 5d at +7...so a bit intrigued
anyone seeing similar or care to share some thoughts?
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Mine NLs (USO) are +4 and +2 only, but what was interesting yesterday was that after pretty bearish news it failed @ W A down and made daily A up.
 
ignl...thanks for the reply...what are you guys (i'm asking yanks as well since he posts his NL sheet) using for OR for the USO? are ya mirroring CL pit hours or using normal stock mkt hours?
 
boze_man said:
ignl...thanks for the reply...what are you guys (i'm asking yanks as well since he posts his NL sheet) using for OR for the USO? are ya mirroring CL pit hours or using normal stock mkt hours?
More...
I personally use 8.30 - 9.15 45 min OR for oil.
 
Question for people who track futures numberlines (e.g. oil). When the contract rolls over - like Oil has moved from March to April last week, will you just continue the 30-day numberline from March with the April contract or go through the exercise of scoring April independently back 30 days? Seems like it should be fine to just continue with March, but wanted to see what others do. Thanks
 
February started strong and has remained strong. You can see the month to date (MTD) figures are very good on many ETF’s and that’s helping to negate January’s weak showing. The short term NL’s hit it out of the park in my retirement MF’s this time.

Of note this week:

Emerging Markets (EEM) went short term positive on the 18th and 30 day confirmed on Thursday.

Gold (GLD) when short term negative on Thursday.

High Yield Bonds (HYG) went positive short term and 30 day this week for the first time in many months. I’m going to put a dab of this in my RA tomorrow at the close.

Achieving short term and 30 day positive this week: Biotech Sector (IBB); Midcap Index (IJH); Midcap Value (IJJ); Smallcap Index (IJR); Smallcap Value (IJS); Smallcap Growth (IJT); DJ Transportation (IYT); Copper (JJC); Steel (SLX); {Been a long time for Steel}’; Material (XLB); Energy (XLE); Industrial (XLI); Cons Disc (XLY);

With the exception of High Yield, all the bond ETF’s suffered.
 

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boze_man said:
Wti failed at my monthly Aup 3x this month...but COB today have my 30d NL at+11 and 5d at +7...so a bit intrigued
anyone seeing similar or care to share some thoughts?
More...

Hello boze man,

Recognizing that my levels are no better than anyone's, my WTI monthly A up is 6.34 so I had an A Up on the 9th.
 
Thanks for the Number Lines RY,

I've been keeping track of quite a few fx pairs. All the pairs in the EUR group seem to be turning from negative to positive. With all the developments in the EZ at the moment there appear to be a lot of traders mid to longterm short on the EUR but the number lines not really agreeing to it.

The USD appears to be weakening across the 30 day NL's. YEN seems to be strengthening and the Swissy seems to be bouncing around a lot.

As mentioned with the Euro if the number lines keep strengthening we could start to see those shorts becoming squeezed some what.

I am to ACD land but thought I would contribute my 5 cents for feedback. It would be real nice to get some momentum in this thread again.
 
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