Trading with point and figure

[Dentalfloss]

23436 area is rez

 

[Dentalfloss]

23289....a big number
ditto
downside count activation
should be supp in that area

 

[Dentalfloss]

How do you distinguish it was a fake or not?

a fake is an unsupported breakout...ie a pole


more than 5 boxes

 

[Dentalfloss]

23289 needs a hammerin...to see if it will hold

 

[Dentalfloss]

dax in our rez 13087 area

 

[Dentalfloss]

dow....fake

 

[Dentalfloss]

wizza should be in rez 23450..ish

 

[Dentalfloss]

13087 workin well

 

[Dentalfloss]

wizza should be in rez 23450..ish

whammo

 

[Dentalfloss]

13089 the high...must improve

 

[Dentalfloss]

bounced.....retest our rez area 13087

 

[inzimam]

I took a nice 70 points..could have gotten another 10

 

[Dentalfloss]

I took a nice 70 points..could have gotten another 10

excellent

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

13110 to 13161 could be difficult

 

[Dentalfloss]

to top it all
there is a trendline on 30 min barchart
downtrend that started on 3rd NOv...gets tested in 13160 area

 

[Dentalfloss]

13101-13112 is rez and a p/d area

 

[Dentalfloss]

after 13161 then 13189 rez

13145-13156 horizontal rez area

 

[Dentalfloss]

dax

 

[Moneylender]

Morning all

Will we sell off in the morning and recover in the afternoon.