Trading with point and figure

Was a few pips out with the high @ 12175, got the low @ 12115

Hard to predict on a bank holiday as I said this morning.
 

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Morning all.

Korea throwing missiles over Japan sent markets into free fall to our 12015 level and bounced to our 12060 level! Do we pump or dump from here?
 
DAX updated chart, you can see we over shot both 12010 and 12060 levels by a few pips. The down trend is still in place so care is needed. We need to see above 12100 to have any signs that the bottom is in place for today!
 

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Zooming in for more detail, for those trading the Asia session there were some good bounces off the lows.
 

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