Trading with point and figure

[Dentalfloss]

10500-10520rez area from red to purple

 

[swissy]

ftse coiling for a move again...

 

[Dentalfloss]

ftse

 

[Dentalfloss]

ftse coiling for a move again...

below 6811-6818 is a poss bear trap...down to 6783

 

[Dentalfloss]

dax..fake

 

[Dentalfloss]

dax..fake from FOMC
now back in a wide supp area
10362-10450 area

 

[Dentalfloss]

ditto spx
broke 2151 at fomc day...back in there now

 

[Dentalfloss]

6840 workin well...still
dax broke 10450
plenty of supp underneath

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

that horizontal supp area actually goes down to 2136 area..from 2151 ..ish
first rez 2162-2164 area
goin either way

 

[Dentalfloss]

could be a messy afternoon...support needs to be sorted...lets see what happens

 

[Dentalfloss]

2146-2150 is a poss supp

 

[Dentalfloss]

bulls not showing yet

 

[Dentalfloss]

maybe....

 

[Dentalfloss]

2146-2150 is a poss supp

excellent
2148.75 area held it
we wuz ready for ya

 

[Dentalfloss]

excellent
2148.75 area held it
we wuz ready for ya

dax and ftse went with it
excellent

 

[swissy]

ftse - 6820 getting sp... bulls starting to get interested. If breaks down I think they will go in heavy 6807-10. Could be wrong of course...

Left limit orders in 6805 - 6810. Taking some off @6820, stops tight on rest.

 

[swissy]

Been away from desk but looks like oil gave ftse a pump.. ??

 

[Dentalfloss]

spx

 

[Dentalfloss]

spx ...could be in supp..within our 2146-2150 area we marked at the open
...lets see
if it is
ftse will really hammer upwards
dax aswell
2160 first test of rez
2154-2156 first