Trading with point and figure

hit our 10923 area we marked early this morning at 9.42 am
lets see what bounce we get
 
11040-11120 area a big res on this chart
10880 area should be strong supp
daily data
80 point box by 3 reversal
close plot

fktfnt.gif
dong....there we are
posted at 8.22 am yesterday

do we bounce ??
 
a bit early...imho

Maybe... but I didn't want to get any more practise in my falling knife catching skills and I'm still long with a now "risk free" call option if we get a decent upswing later this arvo :whistling
 
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