The ACD Method

Actual low so far 1240.50. It is what it is.

 

Numberline. BMY is approaching the highs of the day while the SPY is nearing the lows.

 

Great call Quon!

 

Sold BMY for a small gain. Looks like the SPY just made a weekly A down.

 

Yup, we got a confirmation. Now let's get the VIX to 35!

 

SPY/XLF spread making a strong comeback!

 

Any Spreads on right now John?

This SPY-XLF spread may be coming into some value here

 

Beat me to it!! Yesterday was probably the day to be buying into this thing

 

Nice trend line!

 

I havent tested this pair for a cointegrating relationship, but as you can tell there does seem to be a tendency to revert as it gets to certain levels. Here its like buying the dip into the longer term trend!