Trading with point and figure

[Dentalfloss]

FESB/bank index possibly starting a minor downtrend
85.00 supp
lets see what happens

ticker is on Yahoo
FESB.EX

 

[Dentalfloss]

http://leavittbrothers.com/blog/index.php/2016/06/24/before-the-open-jun-24-6/

 

[Dentalfloss]

pop that 2050 seems to be on the cards

 

[Dentalfloss]

spx at the open

 

[Dentalfloss]

2040 needs to hold on pullback

 

[Dentalfloss]

2040 needs to hold on pullback

prev horizontal supp and trend supp/aqua

 

[Dentalfloss]

dax

 

[Dentalfloss]

2060-2070 is rez
trend rez/red on chart
2067 prev supp area starts

 

[Dentalfloss]

2060-2070 is rez
trend rez/red on chart
2067 prev supp area starts

zip ..straight into rez and straight out..excellent

 

[Dentalfloss]

first supp area is 2049-2052/prev breakout area

 

[Dentalfloss]

into 2037 area and it starts turning nasty

 

[Dentalfloss]

bulls get really tested in 2070 area
gettin there
excellent movement

 

[Dentalfloss]

pop that 2050 seems to be on the cards

marked at 10.20 am
excellent results from that area/in and out

 

[Dentalfloss]

in 2070 area
stops tightened

 

[Dentalfloss]

stopped out
excellent run

 

[Dentalfloss]

supports
2062
2055
2050
areas

 

[Dentalfloss]

dax got really messy
scalp short off our 2070/tight stop

 

[Dentalfloss]

2070 might get aretest

 

[Dentalfloss]

2070 might get aretest

scalp short stopped out for a few

 

[Dentalfloss]

retest 2070
lets see what happens