Trading with point and figure

NYSE

2ld98c2.gif
 
chart is the index..not spreadbet
hthat prev supp area well defined
20801-20812 area
that should be mega rez
 
now we have a fix on what is happening
dow in mega rez/prev supp
supps area
20760..ish/prev rez from yesterday
our 20715 hammer zone and 20660..ish
 
Morning folks,

Ftse... tricky...sp 7250-60...rez 7280... narrow range - looking for direction. Pump or dump, lets see.

Ideal fake territory though to suck punters in and hammer stops....
 
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