The ACD Method

Quote from Maverick74:

I just noticed Gold bounced off the monthly A down to the tick. Nice 70 handle pop. I have no position, took my eye off Gold. But just some more ACD in action for you guys. And a reminder...always watch your levels!

Hello Mav,

If you get a chance perhaps you could post the weekly and monthly charts too.

Thank you sir.
 
Quote from cdcaveman:

CL bouncing off your line Mav..

Yup, I've already taken action. Nice follow through on Bonds on the confirmation. Gold confirmed again, Copper confirmed last week.
 
Quote from Maverick74:

Oh dear God. I pray for the shorts. We are going to confirm tomorrow on the 30 day for the spoos. If you know anyone short in the market, please, send them your best wishes. They are going to need your support.

They re-set for me 4 months ago. So this signal is fresh.

Nasdaq and Russel made new highs on the year today as well. They already both confirmed.

And of course this was the 30 day confirm we got around 1705 in the spoos. Nice follow through on that confirm. This was back on 10/14.
 
Quote from Maverick74:

I'm surprised no one on here is talking about the breakout in the Euro. Pushing the 138 level. Aussie getting closer to par.

what is your number line on the euro currently? Mine is still not confirming yet.
 
Quote from Maverick74:
Yup, I've already taken action. Nice follow through on Bonds on the confirmation. Gold confirmed again, Copper confirmed last week.
I like the action in Gold.
Long. I was previously wrong about expecting downside breakdown.
 
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