The ACD Method

WMT with an A-down throught the pivot

 

Now there is a good failed A up at 58.50 to the penny. It's at the weekly A down now. Nice move.

At the monthly A down as well.

 

OXY looks like a decent short here for us equities folks. Bumped it's head on my monthly A down, (which I have it confirming yesterday).

 

FCX/SPY spread exploding to the upside!

 

And here is that pre-lunch pop. Copper now above the A up.

 

i have to agree, it looks like a nice tool. they also have some kind of signal service too.

 

Yes, it looks like they have a paid Pro version which includes some sort of scanner for highly correctalted/cointegrated pairs, haven't looked at it yet but if somebody with deeper pockets gives it a try I'll be glad to know if it's worth the money.

 

Coco nice follow through on the monthly A down. Nat Gas rolled over and took out the monthly A down (sorry Mark).

Really annoying day today. Nothing is really breaking out, just weak over sold assets bouncing hard. I would not initiate new swing positions today.

 

Copper exploding, oil exploding, spoos making new highs. Squeeze!!!!!

 

Shan, your FCX crossed 40!!!! Nice move today.