Trading with point and figure

ftse updated

16c441h.gif
 
You thinking about a long on FTSE?
if that supp holds/green trend
horizontal supp goes down to 7240 area
a short term swing trade possibly....test of trend and bounce
stop can be tight as near a decent supp area
it must show signs of a turn and supp area holding
might get retested tomorrow
oil might pull it down
 

Attachments

  • ScreenShot026.gif
    ScreenShot026.gif
    109.9 KB · Views: 159
an unsupported break/upwards
that supp area /trend supp /green is at 20769
supp goes down to 20706 area
 
Top