Trading with point and figure

[Dentalfloss]

spx..the bigger picture
bulls happy if purple trendline supports any upmove

 

[Dentalfloss]

9470 area if 9500 fails

 

[Moneylender]

Just got home, I see you been on your own most of the day. Plenty of pips for the hanger though?

 

[Dentalfloss]

2040-2042 needs to hold
turns nasty if that becomes res
2060 supp...bulls happy
goin either way

Gotcha

 

[Dentalfloss]

Just got home, I see you been on your own most of the day. Plenty of pips for the hanger though?

good so far...yesterday morning was pretty awful..alot of work aand few pips from index.i suppose you have to take the bad bits aswell..lol

 

[Dentalfloss]

spx into FOMC and ECB
careful...

 

[Dentalfloss]

careful

you can read it either way
a top is in and its retesting resistance
or
a pullback to test the bulls and up we go again

 

[Dentalfloss]

scenarios
a decent pump that takes the red res line as supp...bulls happy
a fake and red fails
a fake dump
a new downtrend and we see aqua as res
all scenarios are possible
no hunches....lol

 

[Dentalfloss]

dax

then 9750 and 9808
9500 supp
in a downtrend...could change

 

[Moneylender]

my pref is a short off 9700 area but we will see if it gets there

 

[Moneylender]

Dow strong finish, expect higher overnight

 

[Moneylender]

Morning all

 

[Moneylender]

Dax into the open, at a pivot now lets see.

 

[MichaelJohnFX]

Morning

 

[MichaelJohnFX]

Possible res in 9718 and then 9748ish
Support below: 9610-9592

 

[Moneylender]

Dax into the open, at a pivot now lets see.

Missed my own signal there, drat!

Easy 30 pips

 

[Dentalfloss]

dax into the open

 

[Dentalfloss]

from those inputs
prev supp starts at 9684 area
trend res 9696 area
9624 minor trend supp
aqua 9600
9576 is green
keep an eye on lilac line area..mark that on candle charts...if we get a deeper pullback..bulls happy if lilac holds in 9480 area
lets see
first is 9550/round..then 9504..ish
anything possible today

 

[Dentalfloss]

spx into FOMC and ECB
careful...

chart updated

 

[Dentalfloss]

sp0x testing res as we marked yesterday
that is a difficult one...lol
goin either way