Trading with point and figure

[Dentalfloss]

9522 prev supp also
we either break lower or test those res areas

 

[Dentalfloss]

really messy movement on 1 min candle
a move down to test the bulls

 

[Dentalfloss]

got a fix on spx supp
1836 area

 

[Dentalfloss]

spx horizontal supp

 

[Dentalfloss]

that chart is 17 points/daily/close plot
levels are not hugely accurate

we are in a technical support area

 

[Dentalfloss]

that chart is 17 points/daily/close plot
levels are not hugely accurate

we are in a technical support area

that is good for us...lots of tests and retests
we want to now look for 50% of latest downmove on 1 min
we have trend res and prev supp as res already

 

[Dentalfloss]

1 min spx over last 25 hours

 

[Dentalfloss]

retest that 1836 area..it might go overshoot..a bit
lets see

 

[Dentalfloss]

we are not calling levels
we are looking for reaction and signals within that possible supp area

 

[Dentalfloss]

these inputs really show the price movement/trends on 1 min
last 24 hours

 

[Dentalfloss]

dax
we watch for that orange trendline to get tested

 

[Dentalfloss]

test is 9400 area..that will need to be a supp for any decent rally..imho

 

[Dentalfloss]

1836 hit
excellent

 

[Dentalfloss]

first test 9376-9387 area
9333 area is poss supp
if 9310 area is a bottom

 

[Dentalfloss]

first test 9376-9387 area
9333 area is poss supp
if 9310 area is a bottom

9387 hit
hummer
scalps in and out

 

[Dentalfloss]

test is 9400 area..that will need to be a supp for any decent rally..imho

nailed

 

[Dentalfloss]

retest that 1836 area..it might go overshoot..a bit
lets see

wham...nailed it
but

expect alot of messing to get it sorted one way or the other

 

[Dentalfloss]

if 1836 area holds
then 1855 is 50% area
1865 prev supp/shown
1870 trend res

 

[Dentalfloss]

9.19 AM was the time the spx hit 1936
9.19am was the time the dax hit 9316 low
who needs technical analysis,,,,lol

 

[Dentalfloss]

dax
over the last week