2) I usually want to see a full trading day below the monthly to confirm. 3) Number line is very important. I use a monthly number line and my number line last month was very negative when it made a monthly A down. This is why I don't like Fisher's 30 day number line. It rolls over the values from the previous month into the new month which I think contaminates the bias. 4) Yes, I can get bullish after a monthly A down. One of my fav trades is when price crosses back above the monthly A down at the exact level it's making a weekly A up. Again, it's all about price action. You and I both know when Crude is strong or weak. We don't need to draw a line to tell us that. ACD should confirm what you "already know". Remember that line. Write it down. ACD should confirm what you already know.
Just got myself TOS, yep, stepped into the '90s finally! Goodbye crappy charts. Working through some tutorials, etc. Looking to code OR, A levels, and ATR's. Loving it so far. Beats the heck out of the abacus I was using...
This is usually around the time the King wakes up and strolls over to his computer to see what's going on in the market.
I can't believe I'm saying it, but I still really like F. That thing hung in like a champ when the bad news hit last week, and now it's just moving higher... slowly... quietly
Actually F does look really good. Very clean breakout. Just cleared the QTR A as well. I think you've got yourself a winner there.
BTW, I don't know what speed you are on but the thing is up 3% today. It's not moving that slowly. LOL.