Trading with point and figure

[Moneylender]

has it decided what to do yet, pump or dump?

 

[Dentalfloss]

lookin like 10680 area comin
10650 first
should be a decent res in 10640 - 10660 area

nailed em

 

[Dentalfloss]

has it decided what to do yet, pump or dump?

2052 area needs to hold...but no real trend..just a series of moves testing supp/res

 

[Dentalfloss]

2052 area needs to hold...but no real trend..just a series of moves testing supp/res

the 2050 held and we rallied
excellent

 

[Moneylender]

:clap::clap::clap:You got your 2070

 

[Dentalfloss]

soon got shorted down....
excellent

 

[Dentalfloss]

dax also from our 10640 area from this morning
excellent

 

[Dentalfloss]

mornin

 

[Dentalfloss]

:clap::clap::clap:You got your 2070

you must have got the bull move on the dow ??

 

[Dentalfloss]

dax
latest downmove got broken yesterday

 

[Dentalfloss]

it could
make a new uptrend
or fumble around in a consolidation
or dead cat bounce and continue downwards
lets see

 

[Moneylender]

Morning all

 

[Moneylender]

DAX Pivots

 

[Dentalfloss]

spx chart

 

[Dentalfloss]

spx chart just posted is completely mad
the only information we can get from that chart is

latest downmove/purple has been broken by a bullish signal yesterday near the close
there is a mass of horizontal supp/green horizontals..if they hold then we might get a minor rally
in those areas/green we might get fake bearish signals...just to complicate things

 

[Dentalfloss]

spx chart just posted is completely mad
the only information we can get from that chart is

latest downmove/purple has been broken by a bullish signal yesterday near the close
there is a mass of horizontal supp/green horizontals..if they hold then we might get a minor rally
in those areas/green we might get fake bearish signals...just to complicate things

that mass of horizontal supp we used to trade off yesterday afternoon/evening

 

[Moneylender]

Pump is fav I think

 

[Dentalfloss]

Morning all

morni guv

 

[Moneylender]

Morning Master

Have you looked into your crystal ball yet?

 

[Dentalfloss]

Pump is fav I think

think so