Trading with point and figure

[Dentalfloss]

mornin folks

 

[Moneylender]

Morning all

 

[Dentalfloss]

dax into the open

 

[cantagril]

Buon Giorno Maestri,

Yesterday not a bad day for me on balance including my last rash Dax short at 500 which I closed for a meaty +2. + 65 altogether.

Will post up some wall-paper shortly unless you chaps beat me to it

 

[Dentalfloss]

Morning all

Mornin Guvner

 

[Dentalfloss]

Buon Giorno Maestri,

Yesterday not a bad day for me on balance including my last rash Dax short at 500 which I closed for a meaty +2. + 65 altogether.

Will post up some wall-paper shortly unless you chaps beat me to it

mornin to you

 

[Dentalfloss]

if 12530 gets taken out...then 12565-12600....bullls will then want to keep it above 12500
otherwise our 12483 area

 

[Dentalfloss]

move from 12400-12530....makes it a tad overbought
12600-12635 prev supp area..poss rez

 

[Moneylender]

Buon Giorno Maestri,

Yesterday not a bad day for me on balance including my last rash Dax short at 500 which I closed for a meaty +2. + 65 altogether.

Will post up some wall-paper shortly unless you chaps beat me to it

I am still sleeping so carry on with your charts!

 

[Dentalfloss]

Dow has a series of fakes
chart comin

 

[Dentalfloss]

fakes

 

[Dentalfloss]

chart is 60 min data
15-oints by 4 rev
close plot
index..not spreadbet


that is really crazy stuff
just a series of unsupported moves...the latest one/upwards...that move needs to be supported

 

[cantagril]

I am still sleeping so carry on with your charts!

Hokeycokey...but Dentists was uploading as I was nattering so this one's redundant, I think. Levels v similar. Updated Dax 20 x 3. I see 560 to 580 and 360 -380

 

[Dentalfloss]

50% area is 20915..ish
nope..its 21930-21945
so 22K/round/first
then 21965.ish

22080-22103/our rez we marked yesterday
poss 22060 first supp area

 

[Dentalfloss]

dow...bulls have to show up now or its back down to 21700 for a rethink...lol

 

[Dentalfloss]

22125-22140 another rez area

 

[Moneylender]

Dow looks to to be out on a limb to me, just too high! 22150 is ath from memory so getting close to it, maybe time for my shorts soon.

 

[Moneylender]

Dax looks far more supported but where will it go if/when Dow crashes?

 

[Dentalfloss]

scalps from our 12530 rez
ditto 22100

 

[Dentalfloss]

Dax looks far more supported but where will it go if/when Dow crashes?

difficult

not really a crash...just a move down into the 21650-21700 supp area...then a rethink
2 or 3 fake upmoves does not show real strength....thats why we said that the bulls need to show up...lol