Trading with point and figure

[Dentalfloss]

potentail top made on spx yesterday
chart comin

 

[Dentalfloss]

there is a stack of horizontal supp underneath

 

[Dentalfloss]

bears will want to test 1870 after 1881

 

[Dentalfloss]

1840 chart starts getting nasty..plenty of supp into that area
1872
1864
1856
1848
rest starts at 1896
1904
1912
goin either way

\

1872 naiied

 

[Dentalfloss]

breaking
Saudi
no proposal to cut output

 

[Dentalfloss]

updated chart
will that red hold ??

bounce taken at 1872 area

 

[Dentalfloss]

stopped out
excelelnt run

 

[Dentalfloss]

red line is at 1892 area

 

[Dentalfloss]

red line is at 1892 area

gettin close...stops tightened

 

[Dentalfloss]

res area held
shorts in
tight stop

 

[Dentalfloss]

retest 1894 area..lets see what happens
stop tightened

 

[Dentalfloss]

res up to 1903 area

 

[Moneylender]

Map for the day, you can see the trend was down after the early spike up, that caught me out and was behind the curve for a while. couple of break outs and supports, think they are pretty obvious. I know its easy with hindsight but the more you do it the easier it gets!

 

[Dentalfloss]

Map for the day, you can see the trend was down after the early spike up, that caught me out and was behind the curve for a while. couple of break outs and supports, think they are pretty obvious. I know its easy with hindsight but the more you do it the easier it gets!

:smart::smart:

 

[Dentalfloss]

oil/wti might be on a fake
lets see if it gets supported

 

[Dentalfloss]

we wont know until it takes out 31.50 area

 

[Dentalfloss]

SPX
1 min over last 24 hours

 

[Dentalfloss]

there is minor supp 1888-1890
otherwise 1883

 

[Dentalfloss]

something not right

 

[Dentalfloss]

donmove from FOMC got taken out
1900-1904 res looming/orange horizontal
is this a fake or a new upmove ??