Trading with point and figure

[swissy]

if yu can get 7347...better

In 7345....

 

[Dentalfloss]

above 7344

 

[swissy]

In 7345....

"scaled in" another @7348...lol

 

[Dentalfloss]

if yu can get 7347...better
7343...the big momma

7346.2 the high...

 

[Dentalfloss]

could quite easily go to 7356
pivot at 7340-7350

 

[Dentalfloss]

scalp off 7346

 

[Dentalfloss]

7350-7356 the dog zone

 

[Dentalfloss]

12770 whacked again
scalps in and out

 

[swissy]

Budget...Compulsory drug testing welfare recipients...

Apart from that...

•2017/18 GDP 2.75%, 3.0% through 2020/21


•Unemployment rate 5.75% 2017/18, 5.5% 2018/19


•CPI 2.0%2017/18, 2.25% 2018/19, 2.5% 2020/21


•2017/18 budget deficit A$29.4bn vs A$28.7bn in Dec


•2018/18 BD 21.4bn vs 19.7bn prior


•Forecasts budget surplus of 7.4bn 2020/21


•Debt to GDP peaking in 2018/19 then falling to 8.5% over next decade


•Gov to inject A$5.3bn in equity over 10 years into Western Sydney airport


•To deliver 75bn in infrastructure funding over 10 years


•Will introduce a foreign worker levy to raise 1.2bn over 4 years (A$1.2-1.8k per worker on temp visa, 3-5k for perm visa)


•Will introduce a new 6bps levy on big bank's liabilities effective 1st July to secure 6.2bn in savings


•Banks will face bigger fines and more stringent punishment for breaching misconduct rules


•Announce 1bn housing infrastructure facility and tax breaks for 1st time buyers


•Will toughen multinational tax anti-avoidance law


•Introduces new tax measures to hit the black economy


•Treasurer says budget is a fair and responsible path back to a balanced budget

[/LIST]Medicare levy to rise 0.5%

plus ca change....

 

[swissy]

7346.2 the high...

Not with my broker..7348 the high

 

[swissy]

could quite easily go to 7356
pivot at 7340-7350

yep...:smart: limit order in.... thinking 7363 could be tops

 

[swissy]

ASX futures hasn't moved.. well up or down a couple....

 

[Dentalfloss]

21K needs to hold

 

[Dentalfloss]

7350-7356 the dog zone

 

[Dentalfloss]

21K and bounce...slow today

 

[Dentalfloss]

DAX into the open

 

[Dentalfloss]

looks very inviting to go into that supp cluster
green and aqua horizontals
a bad bounce out of that...?? maybe

 

[Dentalfloss]

some detail

 

[Dentalfloss]

sells have been bought..it still is nort a screamin short
scalps only

 

[Dentalfloss]

sells have been bought..it still is nort a screamin short
scalps only

just a drift around until something breaks..higher or lower
big wodges of supp and rez..ie wide areas to play around with...good for us