Point and Figure method - trading journal

M

member275544

0 0
A Wyckoff Point and Figure charts provides us with a nice overview of the resistance we are meeting in the SP500.

http://www.paf.am/?di=55I1

Expensif, is this the only view for your charts? You cant make out any history in your P&F charts.
 

expensif

Active member
155 0
We have had a fantastic run in SP500 (which is higher than Nasdaq). We are very much extended from the moving averages, something that cannot go on forever. Traders should note that we are in for a reaction or to be range bound.

There are bullish topics in the air. According to Lipper, funds got inflow of in $18.3 billion first week of trading this year. The 4th largest inflow since January 1992.

We are exactly at the resistance level.


http://www.paf.am/?di=U8UH
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock