Trading with point and figure

EG

2w5m1c4.png
 
Long CAC 5356

Now sitting on longer term support. Slightly old chart attached as I'm on tablet without p&f.
 

Attachments

  • CAC40M1_180824_20h59_6mths.png
    CAC40M1_180824_20h59_6mths.png
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price movement
poss consolidation and a test of rez
or
trend continuation.....Down

Only thing we can do is
1.look for a vertical count to be established
2.mark out rez and see the reaction
bears will go for a kill at test of rez
dunno who will win at this point

gut feeling is a bounce to trigger stops....early on


stops triggered...and we dumped

as always....could be wrong

stops triggered....and dump
 
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