Trading with point and figure

[Dentalfloss]

oil at 46 dollars, should pull indices with it, lets see

in biggish res now
could mean 2065 on spx

 

[Moneylender]

oil broken thru 46 dollars, fake or not?

 

[Dentalfloss]

gettin there
in our 9932 supp area from this morning
2065 could be on the cards
stops tightened
wti in res as we said..stops tightened
excellent

 

[Dentalfloss]

we had a negative bias from last night

 

[Dentalfloss]

dax
updated chart

luvin it

 

[Moneylender]

luvin it

closed my short expecting 9950 to hold, never mind.

 

[Dentalfloss]

In support now
Stops very tight now

 

[Dentalfloss]

Taken a long term DOW short @ 17910, may be a little early, but...........

u gotta a nice 200 points

 

[Dentalfloss]

here is ftse for ya

Swissy..as we said last night
it was pump or dump

 

[Moneylender]

u gotta a nice 200 points

nah just 90 and a re enter worth another 50 or so!!

Didnt have the courage of my conviction. lol

 

[swissy]

Swissy..as we said last night
it was pump or dump

Thanks....confirmed. Got in a few. Good work and appreciated to supplement my own analysis.

 

[Dentalfloss]

dax into the open

 

[Moneylender]

Morning all.

Dax support is at 9907 with trend supp just below it, first res is at 10030 and above horz res @ 10100

 

[Dentalfloss]

possible pivot areas

 

[Dentalfloss]

Morning all.

Dax support is at 9907 with trend supp just below it, first res is at 10030 and above horz res @ 10100

excellent work..you know exactly what you are lookin for
next....signals..then you can trade at least half a dozen instruments
breakouts...market goes into disequilibrium between bulls and bears..thats it

 

[Dentalfloss]

2 types..imho
impulsive....market gives you no warning..it pumps or dumps...usually off a bigger level


normal...breakout area shows up
price pulls back into the pattern...that is where you want to enter
smaller stop
more time to think...lol

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

oil/wti

 

[Moneylender]

Closer view showing last few days.

 

[Dentalfloss]

spx
areas to watch