Trading with point and figure

[Dentalfloss]

We have 18 guests following us, no pressure

thats cos we have nearly 100% strike rate

 

[Dentalfloss]

dump into 10795
lets see if the bulls can take it

 

[Moneylender]

1095 needs to hold, blue line

 

[Dentalfloss]

otherwise 10760 area

 

[Moneylender]

Or dark blue one!!!

 

[Moneylender]

bouncing stops tightened

 

[Moneylender]

bouncing stops tightened

Out:clap::clap::clap:

 

[Dentalfloss]

otherwise 10760 area

10740 is a cluster area

 

[Moneylender]

If it bounces off Blue line we have first test at pink on its way to red trend line,


Oops blue is now first res on way back up.

 

[Dentalfloss]

updated dax

 

[Dentalfloss]

10740 is a cluster area

long taken
tight stop

 

[Dentalfloss]

latest chart...it looks like a dead cat bounce...we said that at the weekend

 

[Dentalfloss]

latest chart...it looks like a dead cat bounce...we said that at the weekend

looks can be deceiving

 

[Moneylender]

Less messy now

 

[Dentalfloss]

Barchart saying bad Chinese data is the reason for the breakdown....
Could recover...who knows

 

[Dentalfloss]

Oil below 37
Looks a tad oversold....let's see

 

[Moneylender]

Oil is off its lows for the moment but still taking a kicking

 

[Dentalfloss]

dax update

 

[Dentalfloss]

cluster area at 10795-10815/aqua and pink horizontal
either that horizontal supp area holds or we breakdown
post nfp comment is wrong..ignore it

 

[Dentalfloss]

spx over the last month
in trend supp....will it hold ??