Trading with point and figure

[Dentalfloss]

—————
The dollar is down. Oil and copper are down. Gold is up; silver is down. Bonds are down.
Last day of May. The S&P is up 29 points, or 1.2%. The Russell 2000 is down 29 points, or 2.1%. The Nas 100 is up 211 points, or 3.8%. There’s a big difference between the best and worst. A nearly-4% monthly gain for an index is massive. A 2.1% drop from another index during the same month is noticeable. Here are the charts.
Big-cap tech and boring blue chips are leading. Tesla broke out yesterday to a new high to join Amazon, Netflix, Nvidia, Microsoft and Google. It’s where a lot of money has gone, but 3M, McDonalds, Costco and others like it have done just as well.
The trend is up. Don’t over-analyze.

from Jason Leavitt

 

[Dentalfloss]

Russ 2K lagging...as we said
not sure how important this is ...yet

 

[Moneylender]

Had a few scalps in the last hour or so, will wait for US now I think.

 

[Dentalfloss]

cable
back into 1.2850
pump or dump area

 

[Moneylender]

Been going short against the trend today so care needed but I think we are near the top. (famous last words)

 

[Moneylender]

007, is your Netdania Dax chart working today???

 

[Moneylender]

12710 is nest obvious res with the DAX if it can get past 700!

:smart::smart: Locked in some profit, this is going to be a good one I think

 

[Dentalfloss]

007, is your Netdania Dax chart working today???

yes...i am using netstation on my desktop aswell as mt4
more timeframes and abiliy to scroll the chart

 

[Dentalfloss]

cable
back into 1.2850
pump or dump area

pump...excellenty

 

[Dentalfloss]

1 box horizontal count on ftse gives about 7587..ish

posted at 12.50pm today

hit at 1.10pm
short off that
luvin it

 

[Dentalfloss]

fttse in supp now

 

[Dentalfloss]

moneylender
netdani do russ2000 futs
useful to run in background

 

[Moneylender]

:smart::smart: Locked in some profit, this is going to be a good one I think

Stop tight now, lets see

 

[Moneylender]

moneylender
netdani do russ2000 futs
useful to run in background

Having a few probs lately my Tiny pic isnt working either!!!

 

[Moneylender]

Stop tight now, lets see

really tight stop now locked in 60 points

 

[Dentalfloss]

nas 100 in a supp area.....will it hold??

 

[Moneylender]

really tight stop now locked in 60 points

Closed out with nearly 100 pips on that down leg!!! :clap::clap::clap::clap::clap:

 

[Moneylender]

12610 is acting as support

 

[Dentalfloss]

data since 8th May....
its tricky..lol
rez starts at 12660 right up to 12720
trend supp starts at 12580 area
goin either way

our supp/ rez worked well today

 

[Moneylender]

Back up from 12610, got some of it but didnt really think it would recover so much!