Trading with point and figure

[Dentalfloss]

a closer look
2 days of data

 

[Dentalfloss]

that minor uptrend not quite broken as yet
horizontal supp/aqua at 9400 and 9360 area
horizontal res goes up to 9550 area
could go either way
possibly a bull test first

 

[Dentalfloss]

spx over the last week

 

[Dentalfloss]

a closer look at spx
still a tad bullish

 

[Dentalfloss]

that minor downtrend taken out
2 days of data

 

[Dentalfloss]

oil/wti
2 days of data
looks like it wants to brek res
index could go with that

31.00 the dog

 

[Dentalfloss]

a quick bull test as we said earlier
then the bullish movement..gotcha
luvin it
job done

 

[Dentalfloss]

a quick bull test as we said earlier
then the bullish movement..gotcha
luvin it
job done

stopped out on dax and spx
excellent run

 

[Moneylender]

Not around much today, hosp apt, but here are the pivots

 

[Dentalfloss]

spx
updated chart

 

[Dentalfloss]

wti trying to take out res.taking index slightly down with it
lets see what happens
1914 area is trend supp on spx chart just posted

 

[Dentalfloss]

dax
updated chart
wants to get bullish

 

[Dentalfloss]

no bulls in...oil got dumped at that res we marked

 

[Dentalfloss]

9420 area is trend supp on latest chart posted

 

[Dentalfloss]

thinking if we stay above $30 a barrel..then a decent rally...who knows...lol
Baker-hughes rig count at 6 pm

 

[Dentalfloss]

29.70 area if 30.00 fails

 

[Dentalfloss]

SPX into the open

 

[Dentalfloss]

needs to stay above 1900 area /aqua trendline and horizontal supp
breakdown area/purple horizontal at 1914-1917
trend res at 1923 area
should be strong supp 1896-1900..who knows..lol
1904 area first..there now..ish

 

[Dentalfloss]

1917 a reasonable res area

 

[Dentalfloss]

these inputs seem to give a better feel of the price movement