Trading with point and figure

Any point and figure update for Dax or is it still in the X column that ML posted?

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that means 24 points reversal need from the latest high to print an "O" column

the trend is up....so yu are looking only at the highs
 
that means 24 points reversal need from the latest high to print an "O" column

the trend is up....so yu are looking only at the highs


now that gets a tad more difficult when yu are trying to read lo/hi from a bar chart........./...lol
cos yu are looking against the trend
Duplessis is right...it is far better than hilo....he thinks hilo is obsolete and should be discarded...think he is right
 
Dax index
upside count to 13150 nt active as yet....12400 the key
looks reasonably bullish

314b4tf.png


chart from the weekend
our 12390 mega rez got blasted

always keep neutral bias
 
Short Dax from 478. Stop at BE

Nasdaq coming off and S&P having a think. If Dow comes off the boil I'll stick it out for 450, otherwise I'll bail for what I can get.
 
that means 24 points reversal need from the latest high to print an "O" column

the trend is up....so yu are looking only at the highs
What do you mean you're only looking at the highs..?

If it's an X column, then you're look at another 8 points from the high to add another X or 24 points from high price to push you into an O

I.e if you werw at 12500 for a new X, but price goes to 12507 yourself would've need to reverse from 12507 to 12476 to get an O

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