The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. Maverick74

    Maverick74

    Confirmed A up for me. Copper is actually trading well today. Look in the energy space for shorts.
     
    #2481     Dec 9, 2011
  2. Quon

    Quon

    XLI and it's components really weak here too. I have a -10 on the number line for the XLI

    Edit: That said, don't go XLI today if equities rally
     
    #2482     Dec 9, 2011
  3. Shanb

    Shanb

    I have a decent entry with a stop above he high, so going to watch it play out here
     
    #2483     Dec 9, 2011
  4. Maverick74

    Maverick74

    It's above the pivot and it's acting well. This market feels kind of messy today. It's acting like it wants to pop. I wouldn't do anything. If I was going to short anything I would only look for the weakest products and sell into the pre-lunch time pop.
     
    #2484     Dec 9, 2011
  5. Shanb

    Shanb

    Your prob right, but only risking 6-7 cents here so not much on the table
     
    #2485     Dec 9, 2011
  6. Shanb

    Shanb

    did you see DMND, this thing just launched like a rocket...didnt even see it
     
    #2486     Dec 9, 2011
  7. Maverick74

    Maverick74

    Nice move. Monthly A up at 36.58.
     
    #2487     Dec 9, 2011
  8. Maverick74

    Maverick74

    Honestly, this thing looks like the best long on my entire screen today. Good price action. Even better long FCX/SPY spread!
     
    #2488     Dec 9, 2011
  9. Shanb

    Shanb

    lol, I know it didn't even tick down at all when the market did...many times you'll get a decent A-fade off of that type of move. Def didn't here!
     
    #2489     Dec 9, 2011
  10. Maverick74

    Maverick74

    Here is that spread today. Straight up!
     
    #2490     Dec 9, 2011