Trading with point and figure

[Dentalfloss]

I am still learning these PnF naughts and crosses.

you can fill the shed with stuff like that

:smart::smart::smart::smart::smart:

 

[Moneylender]

Back into our 990 area????

 

[Moneylender]

11057 was Nov 1st high, looks like we are going to reach it today!

R2@ 11081

 

[Dentalfloss]

bang on...:smart::smart::smart::smart:
10990-11060
then 11060-1130
11130-11200
areas

11060 hit
as we said many times..never call it..just have levels in the back of your mind..wait for the signals

 

[Dentalfloss]

dax and spx now look a screamin short
but ..you have to be careful
more in a few minutes

 

[Moneylender]

Morning, today is going to be interesting.

 

[Dentalfloss]

dax since open on Monday morning

 

[Dentalfloss]

does not look too overextended
supp at 11016 area

cluster area at 10920-10932
bulls not really been tested
it could go either way...prepare for both

 

[Moneylender]

all point up to me

R2 11160
R1 11103
PP 10990
S1 10932
S2 10820

 

[Dentalfloss]

spx since monday open
2 upmoves

 

[Dentalfloss]

a bit more detail on the spx chart

 

[Dentalfloss]

from that chart
last count...one bosxhorizontal gives 2090-2092 as the target...that Could be res
that mauve cluster area could be a real magnet on pullback

 

[Moneylender]

Just closed an overnight long @ 11063, thats enough!

 

[Dentalfloss]

need all those horizontal supp areas from 10920 to the top
there are ones which have confluence of technicals

 

[Dentalfloss]

a move up to 11100...as we said we dont call levels
if we had called 11060 as the top...we would have been losers

 

[Dentalfloss]

moneylenders R1 looks to be the one

 

[Moneylender]

CMC have just amended their pivots on the Res side

R1 11103
R2 11180
R3 11273

 

[Dentalfloss]

bang on...:smart::smart::smart::smart:
10990-11060
then 11060-1130
11130-11200
areas

marked yesterday...lets see what happens

 

[Moneylender]

that 11130 looks to be the target or main Res!

 

[Dentalfloss]

nailed 11130 and 2092 areas