Trading with point and figure

G'day,
FTSE hard to gauge atm - lots of confusion. Trend down but where will buyers step in?

Sp 6700 zone then 6650- 60. Rez 6730 and 6750.

Think we may well go 6660 zone for mega bear trap.
 
DOW
no bulls as yet
 

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SPX into the open....one week of data
will supp hold,,??
big rez area marked
 

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DOW
no break of trend
we got a fake upmove that did not break the downtrend
renewed downtrend/purple

2n6temg.gif
 
FTSE

awfjpz.gif


think we make a run for 6700 purple trend rez at some point...an easy bull trap to create
the dogs are in the 6740 area..
 
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a big gap up at the the open last night and still trending upwards
our marked rez blown out
lets see
 
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