Trading with point and figure

[Dentalfloss]

dax since Draghi

2 pivots marked
9875-9900/prev supp
9725-9750/aqua
looks like it wants to pump..no guarantees

 

[Dentalfloss]

spx since Draghi
trend supp/aqua at 2022 area
prev supp 2028 AREA
trend res 2030 area
there is a possible top with a new downtrend starting..orwe blast thru and take out 2035 area
or we mess and go nowhere
fakes above 2035 and below 2018 a possibility
every scenario catered for...lol
could go anywhere

 

[Moneylender]

Is the DOW looking toppy

Maybe not.

 

[Dentalfloss]

17406 test area

 

[Dentalfloss]

1 min latest upmove

 

[Dentalfloss]

17460 to 17470 is breakout/prev res...poss supp
test and bounce
or test and go thru it..lol
17500 round..psycho...maybe
17450 is trend supp area

 

[Moneylender]

1746017470 is breakout/prev res...poss supp
test and bounce
or test and go thru it..lol
17500 round..psycho...maybe

gone through it looking for 17500

 

[Dentalfloss]

17498 the top
maybe in the zone now

 

[Dentalfloss]

17472-17478 is 50% area of last push/upwards
17485 area is first supp

 

[Dentalfloss]

no reason to go short..as yet

 

[Dentalfloss]

no reason to go short..as yet

trend on 1 min is up

 

[Dentalfloss]

17496 is a brakout area on 1 min

 

[Dentalfloss]

17496 is a brakout area on 1 min

there now

 

[Dentalfloss]

there now

bears will want to see that as res

 

[Moneylender]

looking for a consecutive signal

Box size 5x3 not 2

 

[Dentalfloss]

17472-17478 is 50% area of last push/upwards
17485 area is first supp

17485
Test...bounce...retest

 

[Dentalfloss]

17485
Test...bounce...retest

dump
job done
turns out 17485 was the pivot

 

[Dentalfloss]

dax into the open
24 hours of data
prev supp area 9920-9935/purple horizontal
aqua pivot area in 9840 area

 

[Dentalfloss]

9930..prev supp area we marked
hummer
stops tightened

 

[nopac]

I got a lot out of your posts yesterday dentist007, thanks a lot.