Trading with point and figure

Track and trace...Otherwise no coffee

20200704_125252.jpg
 
Good moaning....

The worse the news, the higher we go....now short Cac at 5102 x 1 only and waiting for some good news to make it tank:)

No real conviction. A p/b of some kind due , imo. I'd expect 5075, would like 5050 and be grateful for 5000. On verra. Time on my hands. A song in my heart and feeling like a punt*
Chart is 5x3

CAC_2020-07-06 11:15:15_5X3.png


* Just to confirm - this word is indeed spelt with a "p"
 
....now short Cac at 5102 x 1 only ...

...expect 5075, would like 5050 and be grateful for 5000.

Expected wrong. Stopped out 5100 +2. Only got down to 5080. Not cute at all. Still think that these levels are dodgy. I'll let braver souls take the Longs.
Might have another go a bit later.
 
That weekly has a decent feel about it.Its the vertical height of the chart that could be right or wrong
 
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