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The ACD Method
- Thread starter sbrowne126
- Start date
Quote from mfbreakout:
01-12-2012. market sending mix signals as it has been doing over 10 days. CL Pulled back on job cliams and retail sales, and now cl up as dxy pulled back hard and may make an A down.
Mid day 01-12- 2012
Attachments
Quote from Quon:
S&P, XLV, XLI, as well as individual names, F, GM? XLB looks like failed A down headed for A up. CSCO maybe?
I'm probably being too predictive, and I know I shouldn't be, but the A downs that I saw don't have a lot of follow through.
LOL. Almost everything I have is either at or below the A downs right now. You must be using very tight levels.
At recent count, most of the 28 sectors are either at or below their A downs.
With the values I'm using, today is the second attempt at a weekly A up on SPY. Gapped up, came off hard, good A down, retracing into fib area and mid OR. Retesting weekly A Up level.
If anyone thinks this is way off let me know. Pretty much watching just SPY while finishing setting everything up.
If anyone thinks this is way off let me know. Pretty much watching just SPY while finishing setting everything up.
Quote from medicsix:
With the values I'm using, today is the second attempt at a weekly A up on SPY. Gapped up, came off hard, good A down, retracing into fib area and mid OR. Retesting weekly A Up level.
If anyone thinks this is way off let me know. Pretty much watching just SPY while finishing setting everything up.
I'm new to ADC, but I'm using a weekly SPY A up of 129.17 so agree that we are again testing that level at mid-day.
Market just refuses to sell off. Money has no where to go except into risk assets.
Gold losing its bid.
These financials are getting tired. I don't see why this market can't just pull back a little so some of these stocks can re-set. As long as we grind higher it's going to be very messy.