Trading with point and figure

[Dentalfloss]

DOW

chart shows how bullish it is
care with shorts

active count/green horizontal

 

[Moneylender]

our 10788 vertical count on dax worked well
marked last week
overshot this morning....who cares

Yeah got some off 10800, trading off my tablet in the sunshine is not best enviroment.

 

[Dentalfloss]

18600-18624 a good supp area..if it tests
18632 first

 

[MichaelJohnFX]

Wouldn't mind a small pullback to 10737ish. Dentist's 3 box target looks like a decent upside target. Looking for a small pull back into 10735ish

Decent pull back. Points banked. Have had a long in i've been holding since 11am-ish lol didn't move anywhere for 5 hours. A few points banked. Done for the day.can't wait till we get some proper volume / liquidity back in September. Price behaving like it's on dial up with weird 10 point jumps lol

 

[Dentalfloss]

👍👍👍👍👍

Yeah got some off 10800, trading off my tablet in the sunshine is not best enviroment.

 

[Dentalfloss]

poss mega rez in oil/wti
another 25 cents to go
45.73 area on sept wti

there now

 

[Moneylender]

With the Dow dropping we have an interesting close on the dax

 

[Dentalfloss]

mornin

 

[f2calv]

morning, ooo some red 🙂

 

[Dentalfloss]

any reason for dax tank premarket ?

 

[f2calv]

Bit of oil weakness, usual low volume August volatility?

Also Yen strength

 

[NickBk]

any reason for dax tank premarket ?

They fancied a change after a few weeks just to remind us it is possible.

 

[Dentalfloss]

dax
a much clearer picture
should be decent supp in those marked areas..imho

posted on Sunday

 

[MichaelJohnFX]

Morning.

 

[MichaelJohnFX]

Areas:

10714-721
10630

Quite a bit of support in the 10600s

 

[Dentalfloss]

Areas:

10714-721
10630

Quite a bit of support in the 10600s

 

[Dentalfloss]

👍👍👍👍👍

They fancied a change after a few weeks just to remind us it is possible.

 

[Dentalfloss]

18600-18624 a good supp area..if it tests
18632 first

missed it

 

[Dentalfloss]

OIL/WTI

 

[Dentalfloss]

45.72-46 ,00 on nymex v6
corresponds to 45 .10 on wti sept
big supp area there
aqua / internal trendline
XLE was the lead yesterday