The ACD Method

Gold, silver and Oil. I like Volatile instruments.

 

Confirmed weekly A down in Gold today.

 

Monthly A down in crude is 79.81. Today's low was 79.82! We'll call that a failed A down for now.

 

Thanks Maverick. I was wondering why 79.80 is being defended.

A up in $.

 

OIL OIL OIL OIL OIL OIL.........OIL OIL OIL....

 

posted a primer for ya mav,only 3 things to see on that mp chart

 

On monthly and weekly levels what is the time filter for confirmed weekly/monthly A down.

For example, if CL close today below 79.80 it will be considered confirmed monthly A down ?

Thanks,


A up in $ showed it's hand and CL went below 79.80 on strong sell volume.

 

Looks like crude wants to try lower. We'll see! I'd like to see 79 today personally, (I'm short for a quick trade, if I don't get 79 soon I'm out).

 

yes, i shorted 79.78. cover 79.30. Holding runner with stop loss at 79.62

 

SILVER.