Trading with point and figure

[Dentalfloss]

dax is trending

 

[Dentalfloss]

spx wants to pump 2095..not sure if dax will go with it...lets see

 

[Dentalfloss]

oil/wti
break of trend
pivot areas marked

 

[Moneylender]

morning boss, over slept today!

 

[Moneylender]

ticking all the right boxes!

 

[timsk]

I love watching paint dry. Not.
Needless to say, I'm talking about the market - not this thread, lol! Just thought I'd post this, to inject some volatility and make me look like a prat! 🙂

 

[Dentalfloss]

dax
areas to watch

 

[Dentalfloss]

if we break 10310 area then 10360-10388 horizontal res
10400 round
then 10416 to 10450..ish
we could get 10500

 

[Moneylender]

if we break 10310 area then 10360-10388 horizontal res
10400 round
then 10416 to 10450..ish
we could get 10500

10500!!

I'm going back to the woods!

 

[Dentalfloss]

first supp area 10272...ish

 

[Dentalfloss]

10500!!

I'm going back to the woods!

yu will only get scalp shorts ...until we get an activated down count
that downside count should appear first on 1 min...something like 5-6 points by 1 reversal
take the width of the congestion area then look for the breakout...for anything longer than a scalp

 

[Dentalfloss]

first supp area 10272...ish

any break should have 10286- 10300 area as supp

 

[Moneylender]

first supp area 10272...ish

yeah for past few hours its ranged between 10285 and 10295 with the odd spike.
Been scalping a few here and there, but its slow!!!

 

[Dentalfloss]

spx 2097-2100 next res area as we said from yesterday
then 2107 ..ish /horizontal count from this morning
any break needs to hold 2093 as supp...ish...min 2089
dax and spx both bullish

 

[Dentalfloss]

2097..ish here we come

 

[Moneylender]

2097..ish here we come

Or not!!! :cheesy:

 

[Dentalfloss]

Or not!!! :cheesy:

we got near...lol

 

[Moneylender]

Or not!!! :cheesy:

Oh dear, even closer!:clap:

 

[Dentalfloss]

2097 hit
excellent

 

[Dentalfloss]

and we got 10250 ..our supp area on dax
excellent