Trading with point and figure

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
1914..nailed ya
 
DAX into the open

14dm5qa.gif



plenty of support areas down to 9k area /green trendline
9600 area prev supp and prev res /purple gorizontal
looks reasonably bullish
9800 and maybe 10k on the cards...who knows
 
SPX
a classic fulcrum pattern
a move down..then a mid pattern rally..then a an upmove that should take out that resistance

mbr5ec.gif

the larger chart is clearer
 

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now we have the res area marked..as per pevious chart
we can now look at the upmove/latest
note...we had the break of the downtrend marked last weekend...so we were a bit bullish

3089vm1.gif
 
This chart has the makings of a head and shoulders reversal. Indicating a possible test of 2000-2040.:rolleyes:

SPX
a classic fulcrum pattern
a move down..then a mid pattern rally..then a an upmove that should take out that resistance

mbr5ec.gif

the larger chart is clearer
 
This chart has the makings of a head and shoulders reversal. Indicating a possible test of 2000-2040.:rolleyes:


could be
the good bit for us.....there is a stack of resistance above and the world is full of problems....lots of volatility..excellent
neutral bias...no opinions...take the chart signals
 
dax into the open
should be bulls in 9250-9300 area/breakout area and trend supp
bears possibly 9600-9650 area/horizontal res and prev supp
minor res at 9400-9450/red trendline
trend is up with a stack of horizontal res/prev supp areas
9150-9200 if 9250 fails
nice round numbers ...lol

10h8z9s.gif

remember...no opinions..neutral bias..take the chart signals
 
Last edited:
spx into the open
if 1910 fails ..then there should be buyers in 1898-1900 area..down to1894 area
1944..res kicks in..up to 1950 area
any decent move needs to have 1937 as supp
no guarantees..lol
 

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dax into the open
should be bulls in 9250-9300 area/breakout area and trend supp
bears possibly 9600-9650 area/horizontal res and prev supp
minor res at 9400-9450/red trendline
trend is up with a stack of horizontal res/prev supp areas
9150-9200 if 9250 fails
nice round numbers ...lol

10h8z9s.gif

remember...no opinions..neutral bias..take the chart signals
whammo
missed it all...lol
it was easy money..overnight trade
no complaints
 
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