The ACD Method

CL had a very wide opening range this morning (15 mins from 9:00 to 9:15). I thought to myself "if all the discussion about wide/tight OR's hold true, then the A Down is a good fade."

 

VIX is trying to go negative on the day! Impressive.

 

GS trying to make an A up here.

 

AAPL trying to claw it's way back above 370.

 

Blue Horse Shoe says buy Crude Oil.

 

Intra-day A up for ES is 1204.

 

Had a confirmed A down in SPY today, now looking at making new highs, not sure if there's enough juice for a late day C, but I've seen it before...

 

Crude Oil is thinking about going green.

 

Israel getting very close to taking "action" on Iran. Watch Oil closely.

 

IOC one of the energy names strong today. Intra-day A up and above the weekly A up. Crossing the monthly A up as I post as well. Going for the hat trick!