Trading with point and figure

DAX
general look

2hrhe7p.gif
 
dax into that horizontal rez area which goes up to 9820..ish
no sign of a top..so scalp shorts is the most you will get..imho
 
spx pumped to an all time high..i think
anyway its in major horizontal rez 2140
we had 2144 poss rez from a horizontal count
we should be in poss fakeland above these areas
 
Morning all.

For SPX I have;

R3 - 2178
R2 - 2155
R1 - 2141
PP @ 2117
S1 - 2105
S2 - 2080
S3 - 2066

Don't trust the rises but aim to follow the crowd. Aiming for shorts around 2150s.


For GBPUSD I have;

R3 - 1.3153
R2 - 1.3085
R1 - 1.3015
PP - 1.2948
S1 - 1.2877
S2 - 1.2810
S3 - 1.2740

For cable looking at rises to reach for 1.30s and possibly attempt 1.32 breach, based on some positive noises.

Feeling bullish. (y)
 
Top