Trading with point and figure

[Dentalfloss]

spx
nowt much happening
data from 16th feb

 

[Dentalfloss]

oil/wti
smack in our 50% area we posted yesterday..yellow

 

[Dentalfloss]

possible scenario
oil bounce off 50%
whispers of Draghi QE
index rallies on that
any veiws ??

 

[Moneylender]

Morning Boss, should go back to bed?

yawn

 

[MichaelJohnFX]

possible scenario
oil bounce off 50%
whispers of Draghi QE
index rallies on that
any veiws ??

After he disappointed in december, i don't think the market would be willing to pump like it pumped then. Who knows, people are fikkle

 

[Moneylender]

Pivots

 

[Dentalfloss]

possible scenario
oil bounce off 50%
whispers of Draghi QE
index rallies on that
any veiws ??

oil bounce off our pivot..took index with it

 

[Dentalfloss]

37.20 test res if it gets there
prev supp

 

[Dentalfloss]

dax uptrend since 25th feb
a stack of overhead res
trend supports shown at 9680 and 9640 areas

 

[Dentalfloss]

all you can do is mark supp/res and see how it handles it
same with oil
imho

 

[Dentalfloss]

spx
uptrend marked form 24th feb
1969-1972 pivot area /aqua
a stack of horizontal supp and res

 

[Dentalfloss]

37.20 test res if it gets there
prev supp

wham
excellent result
took the index with it

 

[Dentalfloss]

oil/wti
smack in our 50% area we posted yesterday..yellow

bounced nicely

 

[Dentalfloss]

oil/wti
at prev supp/purple horizontal 37.20-37.32 aea
higher up/orange 38.00 area
any pullback needs to stay above red downtrendline
horizontal supp/aqua shown
uptrend shown from 4th March
l

ets see what happ

 

[Dentalfloss]

price really needs to stay above red down lin to show any strength..imho

 

[Dentalfloss]

as we said 9800 and above is a dog zone

 

[Dentalfloss]

dax
one week of data
bullish move this morning/aqua 9772-9786 breakout point
red trendline..could be supp at9758 area.down to 9744 and 9730

 

[Dentalfloss]

spx

bulls in

 

[Dentalfloss]

spx broken that minor downtrend that started on eTuesday evening
1987-1988 big confluence area for a bull test
1986 horizontal supp
we could go to 9900..maybe 10k and even 10065 .. and 2007-2010 on spx
lets see if the bulls can take charge

 

[J H PAGE]

Platforms

Hi Dentist007,

Could you tell me which platform you tend to trade on?