Trading with point and figure

[Dentalfloss]

time for a visit to a coffee shop

 

[Dentalfloss]

Gratings, Ô Wide One...

Missed yesterday's entertainment and am looking at the charts and thinking that maybe I should be missing today's as well

I've just taken a punt on the (wait for it, wait for it!) CAC at 5760 - mainly because I can't see the bottom falling out of the indices just yet and also that we seem to be around sensible support levels after a healthy p/b. Sooo...on the basis that it's the Dax making the running in Europe this a.m and we've a fair chance of a clamber North, the CAC will hopefully go the same way.
I've got hard stops in but no TPs as yet. Looking at the 13180 area on the Dax before serious resistance.....View attachment 271287

 

[Dentalfloss]

 

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[cantagril]

View attachment 271293

Hmmm.....

Liked yr charts, just not what was in them

So far I'm living up to my well-earned reputation as a contra-indicator but who knows?...

I'll revisit the whole mess when I've finished troughing.

 

[cantagril]

..............
I've just taken a punt on the (wait for it, wait for it!) CAC at 5760 - mainly because I can't see the bottom falling out of the indices just yet and also that we seem to be around sensible support levels after a healthy p/b. Sooo...on the basis that it's the Dax making the running in Europe this a.m and we've a fair chance of a clamber North, the CAC will hopefully go the same way.
I've got hard stops in but no TPs as yet. Looking at the 13180 area on the Dax before serious resistance.....

That support around the 900/950 area seems to be holding with the Dow currently inching up circa 27420 - I've decided not to cut my losses (now just under 5740) and will put my faith in the US

Tomorrow's another day - so I'm told.

 

[Dentalfloss]

Think Pink

 

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Mornin folks 🥰🤩

 

[Dentalfloss]

Dow updated
needs to get above red trendline into PINK#]

In supp now

 

[Dentalfloss]

Will supp hold.and we get pink.?

 

[Dentalfloss]

Dax...Pink.?

 

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[Dentalfloss]

In supp