The ACD Method

Quote from DT3:

Mav what are your monthly/quartely levels for AAPL? I'm guessing we have confirmed A downs for both.
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Oh yeah, AAPL blew through it's levels really early. The QTR A down was 622. The monthly A down is 578. It confirmed a weekly A down at 532 this week.
 
Quote from boze_man:

copper last over last 4 days the numberline has added +9 per fish...

has failed at both of the weekly A's...not sure what to make of it?

maybe hold the weekly pivot and mthly A down? 34590 and 34469
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copper forming a nice coil and the numberline keeps firming...
I have a +9 for the month and a +7 on the 5day...

any thoughts on how ya play? are the futs the only avenue? are the options liquid?
 
Quote from boze_man:

copper forming a nice coil and the numberline keeps firming...
I have a +9 for the month and a +7 on the 5day...

any thoughts on how ya play? are the futs the only avenue? are the options liquid?
More...

My copper numbers are different. My 5 day is +2 and so is my monthly. My 30 day on copper is still -20. Furthermore, we have a confirmed QTR A down. The monthly level is holding but I'm not so excited.

My go to Copper trades are FCX, BHP and SCCO. All three below the monthly A downs. Copper is going to need some time to work off that negative 30 day.

I like US Steel better but that one is not quite there yet.
 
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