The ACD Method

we just about touched 1360, 1260 is doable and the bull is still intact. Hardly a world ending correction, mkt seems a little frothy here to me.

 

ZB failing the weekly A up as we speak.

 

ZB is actually trading very well here. I would have thought bonds would be down a full handle last night when the spoos broke out. I am shocked at how well they are hanging in here. Just adds to the confusion of this market.

 

I was thinking the same thing, the S&P hung in there and the ES even tacked on some gains over night. I would have thought that bonds would have taken an inverse hit, but they sort of hung around. The A's, (both monthly and weekly) are having that magnetic effect that you often talk about, (even in cases where they should be at odds, ex. bonds/ES).

 

Intra-day A up in AAPL 518.30. We're there now.

 

Watching to see if this TVIX makes an A up here. A level is 18.34.

 

Up almost 9% on the day. Confirmed A up.

 

Watch this intra-day A up in Bonds at 143'17.

 

The 1350 magnet in the ES is really strong. I can't remember the last time I've seen an index for almost 2 weeks sit at one level.

 

AAPL pushing 525. Move along...nothing to see here.