Trading with point and figure

[Dentalfloss]

eliminated most of the rubbish

trend res at 2060/red
60 min data

 

[Dentalfloss]

gotcha

 

[Dentalfloss]

that pivot has held for over a week
just got broken
bulls will need to see that hold as support
first stop....2051 needs to hold as support...test and retest
or down to 2045 and 2040

 

[Dentalfloss]

short term..bulls are not there yet..lets see if they show up

 

[Dentalfloss]

that pivot has held for over a week
just got broken
bulls will need to see that hold as support
first stop....2051 needs to hold as support...test and retest
or down to 2045 and 2040

2051 held
good scalps from that
took the dax
excellent
very tight stops

 

[Dentalfloss]

there is a massive res area at 2060
spx ..not happy

2060 area workin nicely..so far

 

[Dentalfloss]

yes. res at 9834 area

excellent:smart::smart::smart::smart:

 

[Dentalfloss]

first supp now needs to be 2056
for a reasonable rally
then take out 2060

 

[Moneylender]

Markets have settled down now

 

[MichaelJohnFX]

Markets have settled down now

Going wither way, but my money no pun intended haha is down. Then green week next week

 

[Dentalfloss]

dax 1 minute
bulls starting to show up
9832/chronic res area/pink
9856 trend res/red

 

[Moneylender]

Few trends and levels to work with but its end of week so anything is poss.

 

[Dentalfloss]

change inputs

 

[Moneylender]

Snap 007 lol

 

[Dentalfloss]

looks like chronics 9834 is goin to pop
9856
9872 and 9888
needs to stay above 9808 area

 

[Dentalfloss]

eliminated most of the rubbish

trend res at 2060/red
60 min data

2060 -2064 area looks to be a real dog...should add some sparkle to the day

:smart::smart::smart::smart::smart:

 

[Dentalfloss]

9912-9954 area..trend res/red
a real dog
probably coincides with 2060-2064 on spx

 

[Dentalfloss]

an excellent chart for finding p/f breakout...without a p/f chart

 

[Dentalfloss]

you can see the upside breakout area at 9830 quite clearly
we want to get in as low as possible

 

[Dentalfloss]

price has tested the breakout area 3 times so far
scalps in and out..each time
it will either pop or drop