Trading with point and figure

first move at the open
test 12100 and poss 12050.ish after 12070 horizontal supp
or
test 12200 area after 12160 area
 
dow is a tad oversold
 

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How on earth does another US destroyer collide with a tanker, don't they have ordinary run of the mill radar? Even my little phut phut had it!
 
Ostwald, Marc
Attachments08:06 (34 minutes ago)

to Marc
- Very quiet start to the week, OPEC technical committee meeting the only
major item; Trump set to outline Afghanistan strategy and possibly lates
tax reform plans, in an effort to deflect from White House chaos

- Week Ahead: Jackson Hole the key point of focus, Yellen to talk on Financial
Stability, Draghi also speaks at Nobel Laureates meeting, may outline
framework for ECB council discussion on QE programme outlook

- Week Ahead: Surveys, US Durable Goods & Home Sales, UK and German Q2
GDP details top modest week for data

..........................................................................

********************
** EVENTS PREVIEW **
********************

Sth Korea ----- U.S.-South Korea military drills start
Kazakhstan ----- NBK rate decision - 25 bps cut to 10.25%
Austria ----- OPEC’s full technical committee meets to discuss
Aug 7-8 producers meeting
U.S.A. ----- Total Solar Eclipse

- Govt Bond Auctions / Buybacks
Australia 01:00 AUD 800 Mln 2.75% 2028 ACGB
South Korea 02:30 KRW 300 Bln (new) 2037 & KRW 400 Bln 1.5% 2036 Treasury
Lithuania 10:00 Size t.b.c. 2024 Govt
Turkey 11:00 Size t.b.c. 2022 Govt


- Corporate Earnings: Anglogold Ashanti (Q2) • Brambles (Q2) • Fortescue Metals (Q2) • ICICI Bank(Q2) • Sasol (Q2) • Zayo Group (Q4 $0.16)

..........................................................................

from Marc Ostwald
 
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