Trading with point and figure

[Moneylender]

hold on...
there will be a pivot area coming up soon
that is where we can start our morning

bounced off pivot @ 9186

 

[Dentalfloss]

saudi agreed to freeze production..no cut

 

[Dentalfloss]

Saudi agrees oil production freeze

31.50 hit
too quick..missed
and index dump
the stop chase just before scared me off...lol

 

[Dentalfloss]

31.50 hit
too quick..missed
and index dump
the stop chase just before scared me off...lol

the stop chase would have got me anyway

 

[Dentalfloss]

bounced off pivot @ 9186

yeah..that pivot is slightly too early into the news item...imho
lets see

 

[Dentalfloss]

1883 bounce area marked earlier
still too early to call the top in..imho

 

[Dentalfloss]

above 9226 is res..imho

1 min dax
9200 is a res area aswell

 

[Dentalfloss]

1890 prev supp...drop zone ??

 

[Dentalfloss]

Saudi and Russia freeze production...agreement..supposedly

 

[Dentalfloss]

stops tightened

 

[Dentalfloss]

oil/wti

 

[Dentalfloss]

1890 prev supp...drop zone ??

drop zone..could bounce
took the dax with it

 

[2be]

There is an unfilled gap on dax between Last Fri close and this week open in the region of 9000
It is not a large gap, but a gap nevertheless. Gaps are eventually filled in.
9000 is also such a magnetic zone that it will not surprise me if it is re tested.

 

[Dentalfloss]

There is an unfilled gap on dax between Last Fri close and this week open in the region of 9000
It is not a large gap, but a gap nevertheless. Gaps are eventually filled in.
9000 is also such a magnetic zone that it will not surprise me if it is re tested.

sounds good

 

[Dentalfloss]

dax..so far

 

[Dentalfloss]

spx updated chart

 

[Dentalfloss]

res starts on spx at 1887 area...lets see how it handles that
up to 1890 area
res starts on dax at 9184 area up to 9220 area

 

[Moneylender]

S1 @ 9122 working well on Dax

 

[Dentalfloss]

res starts on spx at 1887 area...lets see how it handles that
up to 1890 area
res starts on dax at 9184 area up to 9220 area

naied em
slightly out on dax...who cares

 

[Moneylender]

Todays action sofar, are we at the base?