Trading with point and figure

[Dentalfloss]

10118-10126 is a horizontal supp area
10092 prev breakout area
chuck them all into the mix...lol

 

[Dentalfloss]

bulls really need to hold 10152 area...a break below gives 3 consecutive vertical downside counts

 

[Dentalfloss]

really tricky now...classic bear trap scenario.....lol

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

change inputs...a clearer veiw

10164..hummer
scalps out of that ...stopped out at 10200

 

[Moneylender]

morning boss

 

[Dentalfloss]

re entry..10183 held as supp
just stopped out
decent few

 

[Dentalfloss]

morning boss

mornin guvner

 

[Moneylender]

back into 10160 area!!! yeh

 

[NickBk]

re entry..10183 held as supp
just stopped out
decent few

Funny I been doing the opposite and we both are making money.

Hit 10200 first time for 28 and then again for 35 points.
Didn't get the upticks each time though.

Waiting on 10218 if it comes or thereabouts otherwise doing nothing.

 

[Dentalfloss]

10150..seems to be holding

 

[NickBk]

prefer to sell a bit higher than buy lower at the minute.

some nerves creeping in for today and tomorrow's news.

 

[Dentalfloss]

1 min dax
an inkling of bulls...

 

[Dentalfloss]

range gettin squeezed
gonna pop

 

[Moneylender]

the brake down of 10160 looks to be a fake, my bet is back to 10200 plus lets see

 

[Dentalfloss]

a break above the trendline ..bulls happy if 10190 is supp

 

[Moneylender]

close up of the action

 

[Dentalfloss]

all scalp longs this morning from our 10164 area marked this morning

 

[Dentalfloss]

looks like 10190 wants to pop..possily

 

[Dentalfloss]

wham..gotcha