Trading with point and figure

Good morning,
FTSE think we will breach 7k which will form sp, Rez 7040 - 50.
Moves upward after that will depend on perceived Fed moves imho.
If Fed postpones rate hike again, who knows, probably keep pumping into New Year.
Ready for all contingengies! (Within my risk envelope)
 
swissy said:
Good morning,
FTSE think we will breach 7k which will form sp, Rez 7040 - 50.
Moves upward after that will depend on perceived Fed moves imho.
If Fed postpones rate hike again, who knows, probably keep pumping into New Year.
Ready for all contingengies! (Within my risk envelope)
Click to expand...

are you still adding shorts swissy???
 
SPX into the open

6 months of data


2vhurlz.gif
 
p/f charts
we had marked rez yesterday...that got blown out
as always...levels are ther only as a guide..nowt more
we just carried on taking the buy signals
 
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