Trading with point and figure

[Dentalfloss]

DAX

 

[Dentalfloss]

stopped out
excellent run

 

[Dentalfloss]

res are working well
1870-1873 area
9110 area
overshot..as usual
but..made better scalp shorts

 

[Dentalfloss]

stops tightened

 

[Dentalfloss]

dax
1 min
shows the break this morning

 

[Dentalfloss]

p/b areas

 

[Dentalfloss]

spx 1 min
p/b areas

 

[Dentalfloss]

nearly time for tea and biscuits

 

[Dentalfloss]

rallying as we said
we marked it right at the bottom...2pm yesterday

 

[Dentalfloss]

spx

 

[Dentalfloss]

knocked back at 1882 area /prev supp
big one is 1888 ...marked on the chart
our 9100 area still holding the dax

 

[Dentalfloss]

supports at 1864 to 1868..down to 1860 ish

 

[Dentalfloss]

dow

first break out of consolidation might give a shakeout...beware
prev supp areas marked..could be res

 

[Dentalfloss]

mornin...wakey wakey

 

[Dentalfloss]

DAX
ito the open
do the bulls come in at horizontal supp ??
or do we continue down ??

 

[Dentalfloss]

oh dear...we gotta fake

 

[Dentalfloss]

difficult...sometimes with a fake...
price move back into supp..direction ??
was a bullish fake..possibly bulls still in control

 

[Dentalfloss]

1 min

 

[Dentalfloss]

first move..
looks like a test of res areas marked
8980..the big one
9k
9010
8932-8946 is 50% of move down
8974 might be the better number
who knows...lol

 

[Dentalfloss]

erm..nope
no bulls
stopped out