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The ACD Method
- Thread starter sbrowne126
- Start date
Number lines are firming up across the board. On the 30 day we are finally seeing most of the negative values come off and the 5 days are giving momentum buy signals across the board.
Number lines are really on fire now. Both the 30 day and 5 days. The number lines really telegraphed this fake move down this morning and showing the underlying bid in this market. Remember, the number lines are giving you the "health" of the market. It's providing information that is NOT easily visible on most price charts.
On the flip side, natty gas has slowly been dropping on the 30 day. It's certainly getting exhausted. It's been positive the last few months trading well into the teens and 20's and now is down to 3 which is a two month low. Almost ready to reset at the zero line.
Lot of +3's today in the sector ETF's. Pay attention to those.
On the flip side, natty gas has slowly been dropping on the 30 day. It's certainly getting exhausted. It's been positive the last few months trading well into the teens and 20's and now is down to 3 which is a two month low. Almost ready to reset at the zero line.
Lot of +3's today in the sector ETF's. Pay attention to those.
Quote from boze_man:
NQ ...touched the Qtr A down yday morn at 2696ish and today taking out the weekly A down @2665ish my guess we run for the mnth A down @ 2624?
numberline not tipping its hand strongly yet but has been getting weaker these last few days...
100 point range in a day amazing!
Quote from boze_man:
my numberlines are not rippin yet so maybe a good fade at the mnthly A up?
No! Don't fade! We failed at the monthly A up already. Never fade the 2nd test. I now have a plus 11 on the ES 30 day as well as a weekly A up. We're going baby!