Trading with point and figure

[Dentalfloss]

dow in a big pivot area
chart comin

 

[Dentalfloss]

dow

res up to 17480 area
lets see what happens

 

[Dentalfloss]

spx in a technical res area
might overshoot a little...lets see what happens

2034-2037 ..then 2043 area

 

[Dentalfloss]

a bit of overshoot on index..we were ready for that

 

[Dentalfloss]

there we are
2037 area
17480 dow
dax overshot the 10350..as we said we were ready for that..it does seem to overshoot 20 points

 

[Dentalfloss]

nailed em
excellent

 

[Dentalfloss]

bounce into 10340 prev supp on way up/1 min candle
bounce on spx at 2030/prev breakout area

 

[Dentalfloss]

1 min dax over last 24 hours

trend supp at 10294 area
needs to stay above 10300..imho

you can see clearly..test of prev supp which became res

 

[Dentalfloss]

oil/wti
near a big res area

 

[Dentalfloss]

there we are
2037 area
17480 dow
dax overshot the 10350..as we said we were ready for that..it does seem to overshoot 20 points

nailed the dow and spx again
slight overshoot on dow...who cares

 

[Dentalfloss]

10425 comin on dax ..after 10400
10416-10444 big res area

 

[Dentalfloss]

updated dax
we can see the breakout/aqua from today

 

[Dentalfloss]

10425 comin on dax ..after 10400
10416-10444 big res area

nailed it
now for a short ??

 

[Dentalfloss]

spx in a technical res area
might overshoot a little...lets see what happens

2034-2037 ..then 2043 area

gotrcha

 

[Dentalfloss]

updated Dow chart

 

[Dentalfloss]

37.35..gotcha
scalp short in aswell

 

[Dentalfloss]

20 points out on our res areas on dax and dow....you have to allow leeway cos the plot is close
gave us a better result

 

[Dentalfloss]

2047-2050...will that hold it ???

 

[Dentalfloss]

dax still looks like a dead cat bounce

 

[Dentalfloss]

and whammo
excellent movement off our res areas