Trading with point and figure

[Dentalfloss]

bulls need to hold 1850 area

held so far
not sure what is next

 

[Dentalfloss]

held so far
not sure what is next

1862..as we said this morning

 

[Dentalfloss]

DAX
more fakes please....we are luvin them !!

 

[Dentalfloss]

here is some cross-market analysis
gold in the death zone on Thursday
Saudi cut the pump
index...no dump
Bloomberg paid me alot of money for those words...lol
watch it all go pear shaped next week....
here is spx chart/map...downtrend that started on Feb 2nd got broken on Friday..it can still pullback..though

 

[Dentalfloss]

dow

 

[Dentalfloss]

oil/wti
needs to stay above 28.00

 

[Moneylender]

Down trend since Jan1st, lots of bounces but is the dump over?

 

[Dentalfloss]

Down trend since Jan1st, lots of bounces but is the dump over?

Those inputs have the price in a downtrend....but...price is recoiling
So.....
There is no easy way...the only thing you can do is go down to the lowest box and reversal size to identify the latest trend
People on this thread were bearish on Friday....and look what happened....price rallied

 

[Moneylender]

Those inputs have the price in a downtrend....but...price is recoiling
So.....
There is no easy way...the only thing you can do is go down to the lowest box and reversal size to identify the latest trend
People on this thread were bearish on Friday....and look what happened....price rallied

Yeah I Was just trying to highlight both scenarios. Appreciate we would have to look closer to see a shorter trend/direction.

 

[Atilla]

Last couple of weeks got well and truly skewed.

So fwiw - daily PPs levels are;

PP-R3 @ 1895
PP-R2 @ 1873
PP-R1 @ 1851
PP @ 1829
PP-S1 @ 1808
PP-S2 @ 1785
PP-S3 @ 1764

Hope to short the rises only.

 

[Dentalfloss]

mornin bruvs

 

[Dentalfloss]

decent overnight rally..missed it all
was bullish..though
gotta replot all res areas taken out

 

[Dentalfloss]

latest push makes it slightly overbought...let see

 

[Dentalfloss]

p/b to 9100 ?
9114 a better number..imho
9135 first

 

[Moneylender]

Morning boss!

 

[Dentalfloss]

9220 big res are

 

[Dentalfloss]

p/b to 9100 ?
9114 a better number..imho
9135 first

nailed

 

[tokyojoe]

morning, this a pace I find hard to handle, very slow. I had the same thought as you earlier Dentist with the pb

We've got a patience situation here in this accumulation area

 

[Moneylender]

220 nailed as well

 

[Dentalfloss]

1888 res area from last week..there now