Trading with point and figure

[Dentalfloss]

a few minute later
supp held and off again

 

[Dentalfloss]

dax broken out

 

[Dentalfloss]

breakout area is 10000-10040/yellow
trend res 10200-10240
prev supp 10280-10300/purple
10100 holding it..so far
bears rinsed
prev supp area also at 10120-10160....

 

[Dentalfloss]

res areas marked
lets see what happens

 

[Dentalfloss]

at this point..it could be a fake
direction needs to be towards 2052-2054 for confirmation
supp at 2044 area

Gotcha

 

[Dentalfloss]

in a tight range

 

[Dentalfloss]

last signal was bullish
in a minor downtrend
chart turns nasty in 2038 area

 

[Dentalfloss]

dax

 

[nopac]

that chart is 1 min spx this morning..box size is 0.30 points
breakout area marked
you can go in on first breakout..
or wait
if you waited..price pulled back into the supp
No Negative signal given
ideal spot..trendline supp held
thats it

Nice!
So you go to the faster chart and wait for the first up column to form (signifying the end of the down column)?

 

[Dentalfloss]

last signal was bullish
in a minor downtrend
chart turns nasty in 2038 area

Hit...excellent

 

[Dentalfloss]

breakout area is 10000-10040/yellow
trend res 10200-10240
prev supp 10280-10300/purple
10100 holding it..so far
bears rinsed
prev supp area also at 10120-10160....

10120 nailed

 

[Dentalfloss]

64k...
do we rally ??
or
do we go down //

 

[Dentalfloss]

oil/wti below $40
lets party..lol

 

[Dentalfloss]

oil/wti
broke 40.00
39.60 is a suppa rea
lets see if it holds
could take stocks with it

2 weeks of data

 

[Dentalfloss]

if it bounces from our supp area...these res areas to watch

 

[Dentalfloss]

reaction at res for oil/ wti could affect indices...possibly

 

[Dentalfloss]

wham..index movin with wti

 

[Dentalfloss]

oil/wti..the bigger picture

in that trend supp area..lets see if that holds
if it goes..should take index with it...no guarantees...lol

 

[Dentalfloss]

updated spx
you can see the pump or dump/red

now in trend supp

 

[Dentalfloss]

DAX over the last week
this chart is a joke...lol
just a series of fakes