Trading with point and figure

dow
if we break the range
areas to look

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G'day folks,

Been away on long haul trip (business..mostly). Good to see the regulars are pipping well....and great calls.

By way of education started the tv boxset of "Billions" on the flights out...I was going to finish it on the way back but they changed the bleeding entertainment at the beginning of March..so it looks like I need to buy it...still I thought it was well made and hugely entertaining.

Now markets... Ftse looking bullish still, although some pullbacks to sp levels 7350, 7320, 7300, 7270 possible. Rez 7370, 7400. Anything above 7400 uncharted territory...just have to watch how it reacts to pos or neg influences.

Oil WTI...still bullish short term.. sp5300 - 5320, rez 5350, 5400. 5500 mega rez. Lets see.

Cable.. think we will go 1.21ish but pick up from there... rez 1.245 - 1.252 longer term.

Could be wrong on all counts lol. Lets see.
 
price movement since 8am /uk time on dow
price stuck between 2 pivots
 

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mornin folks

G'day,

Ftse coming into sp 7320 - 30 zone lets see how it handles it...could go 7300. Rez 7350.

Oil WTI 5280 sp (bottom level of 5300sp area) lets see if it holds, if so looking for another attempt at 5350.

Cable could get a bounce off 1.218 area...lets see, might get up to 1.225 possibly 1.23..if not will falter around 1.223.
 
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