Trading with point and figure

[Dentalfloss]

oil/wti testing the downtrend
1 min data

 

[Dentalfloss]

possible shake off on that downtrend on oil
48.00 first test
then 48.25
47.50 horizontal supp

 

[Dentalfloss]

could lift index
25 cent res areas on wti
48.00 then 48.25 etc etc

 

[Dentalfloss]

Certainly not looking for any straight up moves atm.

Think we might get down to 9765 ish and S&p at 2031 again.

Maybe that's just me hoping though I have been both sides this morning and did ok and now watching.

excellent
100 point plus pump
luvin it

 

[Moneylender]

excellent
100 point plus pump
luvin it

Now where, seems to be in limbo now?

 

[Dentalfloss]

9924-9936 area...maybe not safe

 

[Dentalfloss]

dax
poles galore...lol
9900-9912 res area
just got hit

 

[Dentalfloss]

spx into the open
shows the move down from FOMC
2046-2050 res area
needs a test

 

[Dentalfloss]

dax needs to stay above 9866 area for the bulls

 

[Moneylender]

Life after ECB.

 

[Moneylender]

The thing is do I want to short it up here

We are smack on that trend line and US news in 15 mins!!

 

[Dentalfloss]

 

[Dentalfloss]

in p/f terms
a break
stop at balancing row/green 2038
one box underneath 2037 ish

 

[Moneylender]

The thing is do I want to short it up here

We are smack on that trend line and US news in 15 mins!!

Guess I should have!!!😴

 

[Dentalfloss]

spx
there is a bullish upside vertical count/column/green...not active until we get to 2050

 

[Dentalfloss]

zippeed straight into our 9866
excellent

 

[Dentalfloss]

dax
poles galore...lol
9900-9912 res area
just got hit

posted 40 mins ago

 

[Moneylender]

This 9855 level is tempting me!

 

[Dentalfloss]

This 9855 level is tempting me!

didya ??

 

[MichaelJohnFX]

crazy markets. absolutely crazy.