Trading with point and figure

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A quick look at dax

 

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Dax...tricky

 

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SPX hitting a mass of rez

 

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SPX
at this point its a recoil...no more

 

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SPX 1 week of data

 

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note the recoil has weakened/yellow
consolidating for next move
could be in either direction

 

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poss fake bull signal if we pop to 2890-2900
dax could go with it

 

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Dax over the last week

 

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dax in rez

 

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A better veiw

 

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11720....a dog

 

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poss fake bull signal if we pop to 2890-2900
dax could go with it

Whacked

 

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2850...poss a major rez

 

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yes sir

 

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Red line