The ACD Method

I have a failed A down in the SPY, (intra-day). I half expected more weakness, seems like it just ain't happening...

 

Quon, you are always expecting weakness.

 

Guess that's what happens when you cut your teeth in the post-2008 world. I'll try to be more positive

: )

 

SPY is trying for the A up now

 

Risk OFF ETF up 1.57%. Outperforming the ES by a two to one margin.

 

01-30-2012 Failed A down in ES again. Just amazing.

 

It's not that amazing. Bonds failed at the A down. Copper failed at the A down. The US Dollar index failed at the A down. The Euro failed at the A up. ES failed at the A Up. Markets can either fail or break through. More often then not, they fail. It's not terribly exciting. LOL.

 

Asleep at the wheel:

NKE A up intraday & outside week

 

Nice ...youve been watching this for a while right? Are you tracking the number lines on all of these names that you follow?! Thats alot of legwork, worth it tho right?

 

Yeah, been watching NKE for a while now. Yeah, I track a few individual names, but only as the sectors they belong to dictate. XLY has been strong, so I've had some retail names on my radar. Yep, worth it!