Trading with point and figure

[Dentalfloss]

spx updated chart

 

[Moneylender]

If we continue down then first trgt is trend @ 420 after that its hor supp @ 380 area.
Lets see how we go

 

[Dentalfloss]

dax
pivot area

 

[Dentalfloss]

spx

 

[Dentalfloss]

chart shows a break of trend
but...

 

[Dentalfloss]

wait for it...
lol

 

[Moneylender]

If we continue down then first trgt is trend @ 420 after that its hor supp @ 380 area.
Lets see how we go

Morning all,

Think it dropped to 390 area so will all that was a score!

 

[Dentalfloss]

break of trend...green
we had that marked yesterday morning
consecutive bearish signals..makes it slightly more bearish
price bounced off horizontal supp in the night at 1925 area
res is 1945 area/trend res
it could be a pullback before another upmove
but consecutive bearish signal overnight

 

[Moneylender]

Pivots

 

[Moneylender]

Trend is up but we have serious res @ 5600 will wait for a clear break up or down here.

 

[Dentalfloss]

in our 9609 area
buzzers at the ready

 

[Dentalfloss]

up to 9625 area
spx slightly bearish from our chart posted
lets see
1945 res on spx..there now

 

[Dentalfloss]

res goes up to 1950 area

 

[Dentalfloss]

lots of bears got rinsed this morning..lol
no sign of a top as yet

 

[Dentalfloss]

if you called levels..you got rinsed

 

[Dentalfloss]

dax more bullish than spx
trend from 11th feb

 

[Moneylender]

Tentative change here. CARE!!

 

[Moneylender]

Nice 40 pips against the trend!!!

 

[Moneylender]

Now where Boss? Is the 9600 new support?

 

[Dentalfloss]

8.40 am we hit the top 1948.60..as we said 1945-1950 area
dax hit the top at same time 9659
retest of 1948
BINGO