Trading with point and figure

[Dentalfloss]

http://leavittbrothers.com/pdfs/LB weekly 20160612.pdf

 

[Atilla]

These PPs almost identical to last week.

Key observation is we have made a HH with a HL in the last 5 days.

PP_R3 @ 2130s got rejected but PP-S3 @ 2096 held. Just.

Agree with your SPX chart 2085 - 2095 area needs to hold otherwise its down periscope.

 

[Moneylender]

opened down over 100 points, overdone in my view!

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

waiting for that downtrend on 1 min to burn out
spx and dax

 

[Dentalfloss]

9650 area..prev breakout area
9632-9660 are is a prev pivot area..there now
also in our 2086 pivot area..marked last week

 

[Dentalfloss]

9684 first test of res

 

[Dentalfloss]

9684 first test of res

wants to pop to 9710 area..lets see

 

[Dentalfloss]

and a pop
tight stops

 

[Dentalfloss]

stopped out on dax and spx
decent few

 

[Dentalfloss]

it should pop at 8 am

 

[Moneylender]

Still in here

 

[Dentalfloss]

it should pop at 8 am

and a pop

 

[Moneylender]

Still in here

Stopped out with a few

 

[Dentalfloss]

Stopped out with a few

same here

 

[MichaelJohnFX]

Dax may try and go for that unfilled gap at 9778/834

 

[Dentalfloss]

p/b to 9680 area/prev supp on 1 min
2087 also
then a new pump..
excellent stuff

 

[Dentalfloss]

Dax may try and go for that unfilled gap at 9778/834

seems so

 

[Dentalfloss]

9772 poss on the cards
2096 aswell

 

[Dentalfloss]

9772 poss on the cards
2096 aswell

and apop
stop tightened