The ACD Method

Are you a bottom picker King? LOL.

 

PFE intra-day A up confirmed.

 

BMY in the green again today.

 

I have to thank maverick 74 for this long off 96.42 for a run to 97.10.

Without his weekly A down level of 96.47 for cl , would not have tried long.

Will go long if cl breaks above 97.40 on Volume, otherwise, Box is formed 96.40 to 97.40 for trades. No shorts for me, above 97.40 area till it gets to 98.90 , 99.70 and finally 100.50. This is just for today. Seems unlikely but CL can do unimaginable things.

easy trade seems to be over, now just have to grind with 10 ticks risk.

On Crude Inventory days , I use OR of 8.30 to 10.45 am.

 

Yes, maverick. We need to figure out this discrepancy. May be a phone call to Lou is in order.

 

this is a tough tape, I expect to be wrong alot and I am. If I knew where the bottom of any product was I would be the richest man in America. That said I think the market is oversold, I realize it can be MORE oversold from here.

 

Wondering if CL will close above 97.50.

 

Have all the weak hands in gold been taken out on stretchers?

 

PFE confirming my weekly here

 

We are approaching the monthly A up in Bonds. Watch 143'28.