Trading with point and figure

oil/wti broke out very early Friday morning / yellow...that is what kept index rallying

30l14pl.gif

40.00 and maybe 41,50 in sight
needs to hold 37.50 area
 
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9920 is where res starts
there now
wti supp 37.75 area near it now
minor supp at 37.95..there now
 
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scenarios for wti
trend supp/aqua at 36.72 area
we either break that and move down to 36.21 horizontal supp
or we bounce
a bad bounce and bears in for the killing
or..we get a good bounce and index rally with it

lets see how it handles supp..37.23 prev supp/ could be res
 
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scenarios for wti
trend supp/aqua at 36.72 area
we either break that and move down to 36.21 horizontal supp
or we bounce
a bad bounce and bears in for the killing
or..we get a good bounce and index rally with it

lets see how it handles supp..37.23 prev supp/ could be res
tested 37.23 area as we marked
 
Its good in hindsight...:D

It could be useful when the market is a bit 'sideways', showing ranges Zoomed in with a 5min chart

Hi Cigar,

do you happen to have an email address for Bull's Eye? I bought their software last week and can't get it to "register" properly. I sent in 2 support tickets on their support page but haven't heard anything back from them. I was thinking that if I could get an email address for them I might have better luck getting them to answer me back.

Thanks
 
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