The ACD Method

Quote from optionbull:

Gold ??
More...

Gold is looking good. The weekly levels are 1601 and 1629. The monthly levels are 1571.5 and 1645.50. The QTR A up is which is our target btw, is 1682.

The gold monthly number line is +8 and the 5 day momentum number line is +9.

We are also seeing good price action in Silver, Copper and Platinum (PPLT for you home gamers).
 
Here is a list of the strong and weak 5 day momentum number lines of importance. Basically anything +- 5.

IYT +9

XLF +8

KBE +8

KRE +7

VNQ +5


Financials are very strong and most of them are breaking out. The transports are also breaking out.

XLU -6

NG -5

Natty confirmed monthly A down. Utilities also confirmed a monthly A down.
 
Quote from Maverick74:

Gold is looking good. The weekly levels are 1601 and 1629. The monthly levels are 1571.5 and 1645.50. The QTR A up is which is our target btw, is 1682.

The gold monthly number line is +8 and the 5 day momentum number line is +9.

We are also seeing good price action in Silver, Copper and Platinum (PPLT for you home gamers).
More...

cool thnx
 
I hope everyone is watching the breakout of metals across the board. Not just gold and silver but also platinum and palladium.

I bring you the ETF Glitter or ticker symbol GLTR. GLTR holds all 4 metals. The breakdown is this:

Gold 53%

Silver 34%

Platinum 9%

Palladium 5%

As you can see, it broke through the monthly A up at 88. Last solid monthly A up was last January!
 

Attachments

You must log in or register to reply here.
Back
Top