Trading with point and figure

[Atilla]

2040-2042 first reasonable supp area
2058-2060 horizontal res 2064 prev supp area

Was expecting 2040 to act as R last week, but like a hot knife through margarine it did jack all.

With the Santa rally I'm now expecting indeces to launch into space breaking away from Earth's gravitational pull. :whistling

 

[Dentalfloss]

dax
that flag wants to pop

 

[Dentalfloss]

care here...spx could pay a visit to 2035 area
chart comin

 

[Dentalfloss]

 

[Dentalfloss]

spx over the last week
note that pivot area/aqua 2035 area
bears might get powerful and want to hammer it
in that case...the bull flag on dax will fail...see prev chart

 

[Dentalfloss]

a failed santa rally.....lol

 

[Dentalfloss]

first pivot area is 2045...sign of trouble
oil/wti could fail in 36.80 area

 

[Dentalfloss]

2040-2042 first reasonable supp area
2058-2060 horizontal res 2064 prev supp area

2058 hit... stops tightened

 

[Dentalfloss]

stopped out
excellent run

 

[Dentalfloss]

scalp shorts in
tight stops

 

[Dentalfloss]

a slight overshoot of 2060...who cares
shorts in ,..again
excellent movement

 

[Dentalfloss]

first pivot area is 2045...sign of trouble
oil/wti could fail in 36.80 area

No sign of that oday
Excellent movement...bit slow...who cares

 

[Atilla]

No sign of that oday
Excellent movement...bit slow...who cares

I reckon the 2070 -80 levels to be more significant.

Tomorrow likely see topping action perhaps even 2090s.

if 2100s breached I'll chew my hat

 

[Dentalfloss]

I reckon the 2070 -80 levels to be more significant.

Tomorrow likely see topping action perhaps even 2090s.

if 2100s breached I'll chew my hat

you can buy turkey flavoured hats in Sainsbury

 

[Dentalfloss]

probably has topped out ??
maybe some movement at the open...who knows

 

[Atilla]

you can buy turkey flavoured hats in Sainsbury

if it does top out maybe I'll get to stuuf a real turkey

 

[Dentalfloss]

mornin all

spx updated

we got the rally to prev supp as we said yesterday morning

 

[Dentalfloss]

updated dax

 

[Dentalfloss]

oil/wti

 

[Dentalfloss]

dax