Trading with point and figure

[Dentalfloss]

6942-6954 should be a supp
first rez 6975-6984 area
then on to 7K
poss get 7034
we pullback from there
possibly

 

[Dentalfloss]

6970 a rez..there now..up to 6974
might test 6956

 

[Dentalfloss]

dow could test 18132

 

[Dentalfloss]

our 6974...gonna pump or dump

 

[Dentalfloss]

18132 poss on the cards now
6940 ftse
10600 dax

 

[Dentalfloss]

oil

48.85 area prev supp..rez upp to 49.50 area

does not look good for indices

 

[Dentalfloss]

oil turning a bit nasty
in supp now
48.35 area

 

[Dentalfloss]

US open is 1.30pm /UK time....???

 

[Dentalfloss]

oil turning a bit nasty
in supp now
48.35 area

broke
now we test 48..00

 

[Dentalfloss]

18132 poss on the cards now
6940 ftse
10600 dax

could happen...messy stuff today...so far

 

[Dentalfloss]

oil in a decent supp area

geetinto our 47.60 supp area

 

[swissy]

Morning,

ftse sp 6970-80. Think we might have a pop at 7k rez. Keeping an eye on oil..

if oil gets sold looking sp 6950. Neg US sp 6920-30.

Narrow range for now... something will pop either way.

ftse 6950 sp.. there now with oil sell off... how will US markets fayre?

 

[Dentalfloss]

oil in supp
lets see how it gets handled

 

[Dentalfloss]

47.00-47.50 should be supp
if our 47.60 area fails

 

[Dentalfloss]

50% of latest move down is 48.72 area
48.20 then 48.50 first

 

[Atilla]

If 47.50 fails I have 46 as next support. 47 is no man's land.

OPEC talk is just will power. Basically, hope and forget is what seems to be coming out of these meetings. It will be what will will be... Bunch of words which will not be (perhaps can not be) enforced.

I think it's down elevator for oil again. :whistling

 

[Dentalfloss]

18132 hit
excellent
6940 aswell
long wait....hate it

 

[Dentalfloss]

18132 poss on the cards now
6940 ftse
10600 dax

dax ..not quite there

 

[Dentalfloss]

If 47.50 fails I have 46 as next support. 47 is no man's land.

OPEC talk is just will power. Basically, hope and forget is what seems to be coming out of these meetings. It will be what will will be... Bunch of words which will not be (perhaps can not be) enforced.

I think it's down elevator for oil again. :whistling

think so.....i am sure it is manipulated...so..what you think might drop...does not

 

[Dentalfloss]

dow could test 18132

posted at 9.56am
excellent results