Trading with point and figure

[Dentalfloss]

2180 the high so far

 

[Dentalfloss]

2180 the high so far

comin off
might need a retest
no sign of a top as yet

 

[Dentalfloss]

2180.3 the high
just 0.7 off..lol
looks to be happening

 

[Dentalfloss]

oil/wti dumpin nicely

 

[Dentalfloss]

price coiling..possible pop

 

[Dentalfloss]

price coiling..possible pop

retest 2181

 

[Dentalfloss]

Dow into next week
spx made A new high...dow did not
spx went into yearly rez as per pivotal pivots...no sign of a sell signal as yet

 

[Dentalfloss]

dow stuck at 18547-18549 rez/red horizontal..it could fake above that
first sign of trouble
18500/round
18460-18482 area /lilac horizontal
or
we just carry on and make new highs

 

[Dentalfloss]

The numbers of advancing stocks in spx possibly the key.Number should back up the upmove that started on 2nd August...possible trouble if this is divergent
waiting for Jason leavitt email for market breadth analysis
Advancing stocks % can be had from yahoo for Nyse and ftse

 

[Dentalfloss]

rez at 18540, 18568 ,18588,and 18600 areas
18620 the high...so far

 

[Dentalfloss]

http://www.leavittbrothers.com/pdfs/lb weekly 20160807.pdf

 

[Dentalfloss]

Mornin

 

[f2calv]

morning!

 

[Moneylender]

Morning

 

[Moneylender]

Mrkt liked Fri numbers

 

[MichaelJohnFX]

Morning

 

[MichaelJohnFX]

10418-10438
10350-10338
We then have the highs of 10475 (or whatever it was)

 

[Dentalfloss]

rez at 18540, 18568 ,18588,and 18600 areas
18620 the high...so far

our 18540 holding it..

 

[Dentalfloss]

our 18540 holding it..

question is......??
is it a top forming ?

 

[Moneylender]

Not good news out of China

http://www.bbc.co.uk/news/business-37006911