Trading with point and figure

[Dentalfloss]

its goin either way
it aint a screaming short..maybe later
pullback..possibly
needs 9943 bull test area
see if 9900 supports after test
if 9940 supports ..then 10k

 

[Dentalfloss]

in our 9943 area
lets see what reaction we get

 

[Dentalfloss]

spx over last 24 hours

 

[MichaelJohnFX]

lol typical bull flag...should still keep pumping but it's in a big res area so could go either way. breakout area at 9911

 

[Moneylender]

Morning all, some rise over night and this morning!!

 

[Dentalfloss]

dxy broken a res..about to
xau and wti in the firing line

 

[Dentalfloss]

some areas of note

scalp off our 9964 ..marked on chart

 

[Dentalfloss]

stopped out
decent points
bounced off our 9944

 

[Mr Sept]

...we made the 'Expected move' on the Dax....so a little profit taking. Euro/Usd supporting the Longs Euro Indices. Bunds drifting higher.
The Short term shorts will cover on New Highs. Starts to look at May Put spreads on the Dax.
Waits to sell the Barrel of the Black stuff on New highs.

 

[Mr Sept]

sells the DAX

 

[Dentalfloss]

scalp from 9944
stopped out
excellent

 

[Mr Sept]

sells the DAX

Takes the small loss.

 

[Mr Sept]

...........sells the DOW.

 

[Dentalfloss]

stopped out
decent points
bounced off our 9944

excellent bounce from our 9944
stop tightened 10k looming

 

[Dentalfloss]

excellent bounce from our 9944
stop tightened 10k looming

stopped out...excellent run

 

[Dentalfloss]

short from 10k
tight stop

 

[Dentalfloss]

good Chinese data overnight...supposedly

 

[Dentalfloss]

spx 1 min

 

[Mr Sept]

good Chinese data overnight...supposedly

Indeed. ...............looking for the Bad Oil loans resting on US bank books.

 

[Dentalfloss]

dax 1 min
not too bearish ..as yet
9970 is a pivot area