Trading with point and figure

[Dentalfloss]

supp goes down to 24865 area

chart

 

[Dentalfloss]

that break/purple horizontal happened about half an hour ago

 

[Dentalfloss]

triple-bottom break

 

[Dentalfloss]

24975-25002 is breakdown area..poss rez
but we are in a supp area now

 

[Dentalfloss]

chart

i am getting better results for supp/rez areas from this method

i change inputs to display the main trend and also to try and find a clear reaction point.ie a pullback
then project 45 deg trendlines from those areas
that displays 2 trends
the main trend and the trend from the reaction point
main trend is grenn
trend from reaction is aqua

 

[Dentalfloss]

the area between the 2 trendlines is the poss supp/rez area
yu can then pick off on close up the intricate details


not well explained in Duplessis book

 

[Dentalfloss]

24975-25002 is breakdown area..poss rez
but we are in a supp area now

24975...sold
for a decent few

 

[Dentalfloss]

24838-24865 support
we are in that area now

 

[Dentalfloss]

24838-24865 support
we are in that area now

will it hold..??

 

[Dentalfloss]

supp goes down to 24865 area

yes sir

posted 20 mins ago

 

[Dentalfloss]

25012
excellent stuff

 

[Dentalfloss]

25012
excellent stuff

not quite 25K taken

 

[Dentalfloss]

....and dump
excellent

 

[Dentalfloss]

time for tea and biscuits

 

[Dentalfloss]

UK housebuilders takin a hit

 

[Dentalfloss]

options expiry tomorrow
shakeout could be over according to ITMS

 

[inzimam]

options expiry tomorrow
shakeout could be over according to ITMS

ramp up today or tomorrow then?

 

[Dentalfloss]

ramp up today or tomorrow then?

our 24838 supported it

 

[Dentalfloss]

24838-24865 support
we are in that area now

OUR 24838 supported it on the pullback

 

[Dentalfloss]

stops tight