Trading with point and figure

DOW...some clarity...finally

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DAX chart update from last nights, you can see we are still in an uptrend not really any top formation yet.

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Todays trade, entry was off a 1 min as soon as it turned down i was in. trgt was 340, didnt get it all! I took the bounce off 340 going long but bottled it with a tiny loss, didnt expect the over shoot to 330. More patience is needed as its now at my 360 target!. lol

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The dollar is up. Oil and copper are up. Gold and silver are down. Bonds are up.
Last week the market posted a solid gain, but thanks to late-day selling on Friday, the S&P’s monthly winning streak was snapped.
The S&P is smack in the middle of its range; the Russell 2000 in the upper half of its range.
Long term the market looks great. Shorter term things are neutral and trying to turn up. The AD line has improved, and new highs at the NYSE expanded last week. It’s a start, but to support a rally attempt more improvement is needed.
I continue to like the market overall, but there’s no momentum in the near term.
 
oil..care with 51.00...could go to 51.37 area
there is another pivot at 52.40
a manipulated market..anything possible
 
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