Trading with point and figure

lets see if it holds
 

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dow lookin oversold..long column of "O' s
in that pivot area ..prev breakout
probably will have test and retest before it bounces
 
poss bounce into 10k...even 10100 area
gets pretty nasty if 9750 is res
same with dow...16400 res is pretty nasty
spx retest of 1932 and a bounce
 
poss bounce into 10k...even 10100 area
gets pretty nasty if 9750 is res
same with dow...16400 res is pretty nasty
spx retest of 1932 and a bounce

When you talk of res here ie 9750 and 16400 Do you mean support if the prices go down that far?

Confused :confused:
 
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