Trading with point and figure

[Dentalfloss]

10056...ya hummer
scalps in and out

 

[Dentalfloss]

scenario

downtrend/minor on spx is broken
think we need to test supports
bulls will want to see price hold ABOVE red trendline..on pulback
better above green
we could fumble and go nowhere
or
downtrend continues

some detail

 

[Dentalfloss]

10056 area
still hummin nicely

 

[Dentalfloss]

scalp short in from 10100
excellent
tight stop...looks a bit bullish...lets see

 

[Dentalfloss]

scalp short in from 10100
excellent
tight stop...looks a bit bullish...lets see

stopped out
decent points
as we said ..a bit bullish

 

[Dentalfloss]

bulls need to pump10100 and get it as supp on test and retest

 

[Dentalfloss]

bulls need to pump10100 and get it as supp on test and retest

wham...pumpin into 10129 area for a bull test..possibly

 

[Dentalfloss]

wham...pumpin into 10129 area for a bull test..possibly

2070 bull test..nearly there
excellent

 

[MichaelJohnFX]

wham...pumpin into 10129 area for a bull test..possibly

:smart:

Just a quick scalp for me...lots of support below.

10167 good one though imho

 

[MichaelJohnFX]

My areas are very similar to Dentists.

10167
10204
10051

Woke up late today - bank holiday. Forgot Europe is open lol

 

[Dentalfloss]

wham..bulls in
we were a bit bullish on that break of trend on 1 minute spx chart posted

 

[Dentalfloss]

wham..bulls in
we were a bit bullish on that break of trend on 1 minute spx chart posted

2070 is a real dog...there now
10148 prev minor res ..there now

 

[Dentalfloss]

2070 is a real dog...there now
10148 prev minor res ..there now

pump or dump ??

 

[Dentalfloss]

dumpin with a tight stop

 

[Dentalfloss]

retest at 10148
excellent

 

[Dentalfloss]

oil/wti not lookin too happy
could be a bit detrimental to index

 

[Dentalfloss]

bulls need to keep 2068 as supp
bullish as we said at the open
could all change quickly..though

 

[Moneylender]

Some free advice, never buy a house close to Ikea! Her indoors has had me walking around there all morning, now I have to assemble furniture.:!:

 

[Dentalfloss]

spx into the open

 

[MichaelJohnFX]

2073/2074 gonna be a very tough nut to crack. Include 10167 in there too imho