Trading with point and figure

strategy for US session....we gotta bust that one liner
or
watch some tennis and then the football
 
SPX
pivot area
watchin hard

k4h45d.png

updated

7315d2.png
 
However.....
we are pulling back from testing the 2796 horizontal rez
2785 is our pivot area ./red line on chart
 
now we have a handle on price
2760 area is our 50%
2780 is rez on chart posted
then 2787/upper line
 
Tariffs back on radars.

If China does retaliate but EU folds and drops tariffs on US cars then Spx may hold these levels or rise slightly more.

If EU doesn't drop tariffs but retaliate then big drops imo as space ship comes back to earth with a mighty thump.

Really tough to call any level as it'll be all news based. Fwiw still favour EU indexes over Spx. Still bullish on pound and Euro against dollar.



Call it world cup effect with England n France in finals.:)

V.tough call. More of a gamble really.
 
Morning chasps...you're unusually matinal Atilla:)

CAC...I tried selling it yesterday with excretory results so perhaps I should buy it. Who knows? I certainly don't. The 5 min is bearish and the End is Nigh ....
 

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