Trading with point and figure

[Dentalfloss]

dax
3 weeks of data
a mess....lol

 

[Dentalfloss]

9765 area is horizontal and trend supp/green
9730 is whre it turns nasty
10k trend res

 

[Dentalfloss]

same data
except close plot and 1 reversal

 

[Dentalfloss]

9835 is supp area on that latest chart/green
a break below..not good for bulls

 

[Dentalfloss]

a break below trendline..now aqua
a bad bounce sees either red or aqua as res area
9905-9975 area
9905-9940 is brearish
9975 -10k more neutral

 

[Dentalfloss]

dax..difficult to call direction

 

[Dentalfloss]

latest downmove on dax

 

[Dentalfloss]

prev supp at 9918
trend res at 9924 and 9966 areas
9840 minor trend supp
thats it
goin either way
9765-area important as we said

 

[Dentalfloss]

nfp...we will get taken into supp and res areas
we have them marked...so we are ready for anything
neutral bias...take the signals
should be plenty of pips today...market has no direction..better for us

 

[Dentalfloss]

SPX since Yellen speech
got slightly more bearish overnight/purple horizontal

 

[Dentalfloss]

oil/wti bouncing off our pivot area

 

[Dentalfloss]

9810 horizontal supp.there now

 

[Dentalfloss]

wham..straight into our 9765 area

 

[Dentalfloss]

wham..straight into our 9765 area

should be decent supp there..

 

[Dentalfloss]

dax updated

 

[Dentalfloss]

9810 is now minor res area
a fair chunk of minor res up to our 9850 area

 

[Dentalfloss]

should be decent supp there..

slightly out..9775 the area...luvin it
areas not numbers...lol

 

[Dentalfloss]

decent bounce from our 2050 we marked

 

[Dentalfloss]

bounce from 9775..stops tightened
9830-9850 area

 

[Dentalfloss]

stopped out
excellent run