The ACD Method

[acdtrader]

Thanks for sharing. By the way, it will be interesting to see if similar anomalies is evident in individual stocks as well.

 

[flip]

Quote from flip:

I'll take a look at equities too and post results here if you're interested. What I can say for now is that the effect is definitely visible in the equity index futures, so I guess it will be the same for individual stocks.

Ok so I'd say there's a similar effect in individual stocks, attached are all plots of the SP100 stocks (maybe the constituent list is not really up2date, but that doesn't change the picture)

 

[drm7]

Interesting intraday A Down on ES today. By my calculation, the A Down point was right on top of the pivot, which would in theory make it a pretty juicy trade if it holds.

 

[kinggyppo]

Quote from flip:

Ok so I'd say there's a similar effect in individual stocks, attached are all plots of the SP100 stocks (maybe the constituent list is not really up2date, but that doesn't change the picture)

that is really interesting, can you break down a few of the majors like spy, uso, etc by high and low. I would think that this phenomena would be fund driven.

 

[flip]

Quote from kinggyppo:

that is really interesting, can you break down a few of the majors like spy, uso, etc by high and low. I would think that this phenomena would be fund driven.

I don't have etf data at hand right now, but using futures instead (i.e. ES instead spy, CL instead uso) gives the following picture:

(I think attaching all futures exceeds the size limit here, so I just attached ES and CL for now)

 

[kinggyppo]

thanks that is really really interesting, pop a couple more in if you get a chance thanks for your time...

 

[Quon]

Quote from flip:

I don't have etf data at hand right now, but using futures instead (i.e. ES instead spy, CL instead uso) gives the following picture:

(I think attaching all futures exceeds the size limit here, so I just attached ES and CL for now)

Many Thanks,

Interesting analysis. I appreciate the work.

Cheers,

 

[kinggyppo]

Quote from Maverick74:

Copper in absolute free fall. Taking out the August lows. Down already 5% since the pit close. Meanwhile ES going no where fast.

mav when you get a chance can you explain why copper is so important to the global economy, especially China. I know some lurkers would benefit from that, thanks. By the way Joe Terranova a fisher protege is always talking about this.

 

[mdl060374]

Quote from flip:

Ok so I'd say there's a similar effect in individual stocks, attached are all plots of the SP100 stocks (maybe the constituent list is not really up2date, but that doesn't change the picture)

THanks Flip. Good stuff

 

[Samsara]

Quote from flip:

I don't have etf data at hand right now, but using futures instead (i.e. ES instead spy, CL instead uso) gives the following picture:

(I think attaching all futures exceeds the size limit here, so I just attached ES and CL for now)

Awesome stuff flip. This phenomenon comes as a huge surprise to me.