Trading with point and figure

[Moneylender]

Dax 12220-230 is a dog of res/supp

Stops tightened now!

 

[Dentalfloss]

Yu might get something
12275 and 12217 are pivot areas
Moneylender has marked them

otherwise its 12350 and then 12400 as Moneylender said

wham...straight into our 12217 pivot
luvin it

 

[Dentalfloss]

and bounce
excellent

 

[Dentalfloss]

slightly out with supp on dow 20550
bounce from 20520 was good

 

[Moneylender]

Didnt think we would get to 20510 today, updated on chart in blue

Updated chart

 

[Moneylender]

Stops tightened now!

Stopped out lovely grub!:cheesy:

 

[Dentalfloss]

dow 20600
pump or dump

 

[Moneylender]

dow 20600
pump or dump

Dump I think, but from 20610 lol

 

[Moneylender]

Dump I think, but from 20610 lol

OK 20630 is next res

 

[Dentalfloss]

dow 20600
pump or dump

pump...excellent
dax gon`e with it
luvin it

 

[Dentalfloss]

OK 20630 is next res

wham
ya nailed it

 

[Dentalfloss]

dax into our 12275 pivot area

 

[Moneylender]

pump...excellent
dax gon`e with it
luvin it

You win that one!

 

[Dentalfloss]

maybe we test 20660.?

 

[Moneylender]

maybe we test 20660.?

Nothing surprises me today! 200 point drop on both indices and now 100 up!

 

[Dentalfloss]

wham...straight into our 12217 pivot
luvin it

the low was 12207...slightly out...lol

 

[Dentalfloss]

maybe we test 20660.?

gotcha

 

[Moneylender]

maybe we test 20660.?

Close enough!:smart:

 

[Dentalfloss]

dump as well from 20660

 

[Dentalfloss]

DOW