Trading with point and figure

[Dentalfloss]

spx updated
bulls still keeping it in reasonable shape

 

[Dentalfloss]

spx since 30/09
trends marked

 

[Dentalfloss]

2148-2153 supp area
rez 2159-2163 area

 

[Dentalfloss]

should be in supp..now
lets see if it holds

 

[Dentalfloss]

ftse....since we called above 7100 a fake
a 100 point drop for anybody who did a swing trade

 

[Dentalfloss]

ATILLA
bba aviation
aveva
cobham
ihg
meggitt
melrose
rentokil
smiths group
tate
to name a few

 

[Dentalfloss]

should be in supp..now
lets see if it holds

yes
excellent
long wait

 

[Dentalfloss]

2148-2153 supp area
rez 2159-2163 area

excellent results

 

[Atilla]

Focusing in on STAN, has plenty of exposure to foreign earnings in Asia and has had a bad year with big question mark over China slow down.

Reading some rumours of a possible buy out by British based Banks to give them exposure to foreign earnings.

STAN price also very depressed from highs of 3 years ago. High historic dividends of 7% but not covered and subject to negative earnings. Management must turn that around.

:idea:

 

[Dentalfloss]

morning folks

 

[Dentalfloss]

FTSE from 30th September
trends marked

 

[Dentalfloss]

DAX
with alot of rubbish removed
from 30th September

 

[Dentalfloss]

SPX

 

[Dentalfloss]

spx
latest column is UP on that chart
got a stack of horizontal rez and trend rez

 

[Dentalfloss]

lookin like we break above 2175 ...no matter what NFP gives

 

[Dentalfloss]

lookin like we break above 2175 ...no matter what NFP gives

\dax and ftse should go with it
pullback if bad numbers..then rally
poss fake bear trap first

 

[MichaelJohnFX]

\dax and ftse should go with it
pullback if bad numbers..then rally
poss fake bear trap first

Agree. My business area is 10436-10410

 

[Dentalfloss]

SPX over the last week
gonna fly

 

[Dentalfloss]

price pulled back/red trendline
there is an upside count...nearly active
break of 2163
lookin like ....buy the dips
if supp holds or minor bear trap ...we pumop above 2163 and activate that upside count
thick green horizontal above the counting column

 

[Dentalfloss]

upside count gives us 2196 area
2200 ...here we come