Trading with point and figure

[Dentalfloss]

Dax
ya have to like tis one
support seems to be holding
bulls want to test that pivot
should be some decent volatility

 

[Dentalfloss]

ditto Cac 40

 

[Dentalfloss]

5400 before Quatorze Juillet....Sacre Blue
Allez Les blues

 

[Dentalfloss]

Cable
testing support
will it get bought..??

yes sir

 

[Dentalfloss]

Ftse has an inkling of a bull flag on 4 hour barchert

 

[Dentalfloss]

SPX
fake marked

 

[Dentalfloss]

its back in support for a rethink
it might tolerate a small rally....but not another fake
as always....who knows

 

[Dentalfloss]

poss lookin at a dead cat bounce
but
supp area is wide

 

[cantagril]

Long EG .8808 Target .8838

 

[cantagril]

Long EG .8808 Target .8838

Out at .8822 +14

 

[cantagril]

Morning all...anyone....helloooooo?

Long EG .8808 Target .8838

Predictably, having got out yesterday evening, my target was hit just now (07h05ish)
so now I'm waiting to see whether it's going to pull back from trend rez...5 min chart is bullish

 

[cantagril]

CAC being CAC, as per.

I'd like to buy as longer term is choppy and there's plenty of scope for Dentist's 5400 by Bastille Day ( July 14th). Shorter term I'd prefer to be buying back at trend support on the 5 min..around 5300ish. It looks v slightly overbought to me and the weakness in the indices this morning might be just enough for it to pull back. OTOH, now I've said that, I can see that there's plenty of room for a jump to 5350 just to rub my nose in it.

 

[cantagril]

USDCAD - it did indeed pull back from 1.3180 as I suspected but it's not the kicking I was waiting for. As we're now getting close to trend support again (see 6mth 15min chart) it's getting more like a buy but the 5 min chart is still bearish so I'll be waiting for Cushing I reckon.

 

[Dentalfloss]

Mornin folks
Morning Sir Canta

 

[Dentalfloss]

SPX
fake updated

 

[Dentalfloss]

that is possibly the roadmap for all indices

 

[Dentalfloss]

Conundrum
market wont tolerate a big upward move...ie sold and be another fake
might tolerate a minor fake..providing it gets support

could easily fake downwards
supp...down to 2695 area/horizontal

in my mind..market is still trying to interpret Trump tariffs

As always....who knows

anybody got ideas

 

[cantagril]

Conundrum
market wont tolerate a big upward move...ie sold and be another fake
might tolerate a minor fake..providing it gets support

could easily fake downwards
supp...down to 2695 area/horizontal

in my mind..market is still trying to interpret Trump tariffs

As always....who knows

anybody got ideas

Not me boss. I don't do ideas.....

I'd be interested to hear Attila and Postie's thoughts though.

 

[cantagril]

CAC being CAC, as per.

I'd like to buy as longer term is choppy and there's plenty of scope for Dentist's 5400 by Bastille Day ( July 14th). Shorter term I'd prefer to be buying back at trend support on the 5 min..around 5300ish. It looks v slightly overbought to me and the weakness in the indices this morning might be just enough for it to pull back. OTOH, now I've said that, I can see that there's plenty of room for a jump to 5350 just to rub my nose in it.

..and no sooner said than f*cked. 5360 hit just an hour later.

 

[Dentalfloss]

short term