I have been reading all this thread and I found it very informative!
Now I am trying to refine my understanding of ACD - I have a question regarding CL today:
The daily A-down level was 98.38 ... Crude traded for 8min under that level, then did pullback for 10min and came back under A-down level for 2min ... using 8:30-9:15 for OR, does this make it a valid A-down or is it a failed one?
Thanks in advance