Trading with point and figure

[Dentalfloss]

 

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Into the open
Blue lookin a tad vulnerable

 

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Yellow is the vulnerable bit so far
Starts turning nasty if 3008-3012 is rez

 

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Sellers need to take out yellow and get it under green.They then need to keep the bounces under green for better results

 

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Sellers need to keep it under the yellow trendlines

 

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Could quite easily fake down to 2996 area...Its where the bounces go to.If algos see big bounces....they can quite easily start a new uptrend

 

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Potential rez areas

 

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Mornin folks
🤪 🤪 🤪 🤪 😷😷😷🤪🤪🤪💋💋💋

 

[Dentalfloss]

Updated
Our yellow line caught it

 

[Dentalfloss]

Rejig the trendlines and off we go

 

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In minor rez now

 

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Vertical

Do we stay blue.?

 

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Watch for a poss fake above blue

 

[Dentalfloss]

 

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Fake above blue..and dump

 

[Dentalfloss]

Sellers need to keep it under the trendline