The ACD Method

Quon · Jun 22, 2012

Quote from Maverick74:

Approaching that 148 level again in bonds. I'm dead serious about this, one day they are going to take out that level for good. I'm serious. I really am.

Sure sure... Rumors and Lies!

Maverick74 · Jun 22, 2012

FB has been on fire recently. Back above the weekly A up.

Maverick74 · Jun 22, 2012

Seriously though, this Sprint (S) is really breaking out. Right at the QTR A up now though at 3.25.

Maverick74 · Jun 22, 2012

JACK making new all time highs. There is always a bull market somewhere...

Intra-day A up
Weekly A up
Monthly A up
QTR A up
Yearly A up

Quon · Jun 22, 2012

Natty breaking outta this flag pattern. Good stuff, defended the monthly in the last few days. Confirming my weekly, (obviously late in the week).

Maverick74 · Jun 22, 2012

Quote from Quon:

Natty breaking outta this flag pattern. Good stuff, defended the monthly in the last few days. Confirming my weekly, (obviously late in the week).

Yeah natty looking like it's getting ready to launch.

Quon · Jun 22, 2012

TBT on fire today. The bond move is closer and closer...

dv4632 · Jun 22, 2012

Quote from Shanb:

Take a look at FCX people! No monthly aup since january and this thing is on the verge of breaking its strong downtrend! IMO this will be a leader when we rebound!

I've been watching GDX, double top at the monthly A up and now looks like it's headed to the A down.

It's last monthly A up was January, but that was very late in the month (27th I think). Before that the last one was November. Was thinking if we got a confirmed monthly A up it could signal the low is in.

Nice catch on the UUP monthly A down!

Maverick74 · Jun 22, 2012

We got some action in SWN, a Joe Terranova favorite. Someone bought 3k risk reversals in the Jan 2014 strikes today. Also moving above the monthly A up here. This is also a nat gas play.

RCG Trader · Jun 22, 2012

Quote from Maverick74:

Why is that good news?

Whoops, realized that you are looking at a different chart. In currency pairs where the dollar is the second pair, failing an a up is great!

Not so much on your chart. I still think we are in a pullback. Your intermarket analysis remains appreciated and a source of information for many, including myself.

Have a good weekend Mav!