Trading with point and figure

[Dentalfloss]

Quite a few trend lines there to halt the push up!

yes...loads

 

[Dentalfloss]

DAX
ya really need to see 11650 as support

 

[Dentalfloss]

trendline cluster

 

[Dentalfloss]

11600 needs to support...initially
if that fails look for price to stay above that trendline cluster on pullback
11653 a pivot area we marked
11500-11520 is a horizontal supp area
then 11450-11500 area

 

[Dentalfloss]

Dow into the open

 

[Dentalfloss]

bulls need to keep price above purple on pullback

 

[Dentalfloss]

DAX
our pivots workin well

 

[Dentalfloss]

updated

updated

 

[Dentalfloss]

Dow into the open

overshot our rez area...luvin it

 

[Dentalfloss]

Dow updated
there is a hint of a new downward channel forming

 

[Dentalfloss]

nearly 400 point dump from our rez area we marked

 

[Dentalfloss]

Dow updated
there is a hint of a new downward channel forming

updated

 

[Dentalfloss]

maybe it tries to break out of the channel...lets see

 

[Dentalfloss]

oil updated

 

[Atilla]

So Mr D, what are the chances of us visiting 27000 sometime soon? :cheesy:

 

[Dentalfloss]

So Mr D, what are the chances of us visiting 27000 sometime soon? :cheesy:

lookin at it now

 

[Dentalfloss]

So Mr D, what are the chances of us visiting 27000 sometime soon? :cheesy:

vertical count target..so far

activation area is usually strong rez

 

[Atilla]

vertical count target..so far

activation area is usually strong rez

Not likely!!!

I have 25750 and 26120 as major resistance areas. Numbers slightly different but whats a few 100 ticks in 1000+

Hope to engage tomorrow.

 

[Dentalfloss]

Not likely!!!

I have 25750 and 26120 as major resistance areas. Numbers slightly different but whats a few 100 ticks in 1000+

Hope to engage tomorrow.

they are rez areas...agree
the vertical count can fail.....cos there are opposing counts
it is only a guide

 

[Dentalfloss]

Dow updated
there is a hint of a new downward channel forming

yes