Trading with point and figure

[Dentalfloss]

2034 area now
bulls might need a test of that

 

[Dentalfloss]

spx into the open

2043 prev supp/pink
test of trend/red at 2047 area
bears need to keep it under our 2051 dog area

 

[Dentalfloss]

dax

breakdown is 9807 area
test of trend is 9828 area

 

[Dentalfloss]

the trend is down. on spx and dax..but we could bounce..
posted the res areas for the bounce
bull and bear tests until we establish direction

 

[Dentalfloss]

9870-9900 big res area aswell

 

[MichaelJohnFX]

9870-9900 big res area aswell

I reckon dax is going to aim for 9900ish

 

[Moneylender]

Just playing with fibs and PnF. Not sure if they work as well with pnf.

Moving up fast now

 

[Dentalfloss]

I reckon dax is going to aim for 9900ish

wham..you nailed it
thanks
our 2051 from this morning as well
luvin it

 

[Dentalfloss]

bulls will be watching the pullback

 

[Mr Sept]

bulls will be watching the pullback

...chuckles.

 

[Dentalfloss]

2051..excellent

 

[Dentalfloss]

2051..ish a real dog
retesting it

posted at 9.11 am

 

[Mr Sept]

posted at 9.11 am

Nods...in acknowledgement................

 

[Dentalfloss]

2039..our supp area..bounce

 

[Dentalfloss]

bounce to our 2047...excellent
2047 res marked earlier

 

[Dentalfloss]

bounce to our 2047...excellent
2047 res marked earlier

lets see how it handles it

 

[Mr Sept]

Gents...that is it for me, have a good weekend.

 

[Dentalfloss]

into our 2043..excellent
bulls need to show up....maybe ??

 

[Dentalfloss]

into our 2043..excellent
bulls need to show up....maybe ??

2043 bounce
excellent

 

[Dentalfloss]

2043 bounce
excellent

looks like we retest 2051
luvin it