Trading with point and figure

[Dentalfloss]

dax 1 min

 

[Dentalfloss]

signals...signals...signals
not what you are thinking

 

[Dentalfloss]

2118..nailed

 

[Dentalfloss]

10300 was probably the res,..overshoot
supp at 10286..ish

 

[Moneylender]

Still having some PC issues. I'll be back!

 

[Dentalfloss]

excellent movement since
gbpjpy move off res
gbpusd...ditto
dax ...ditto
spx...ditto
eurusd cannot be bothered with ith it
eurjpy off res
excellent stuff...all played out as we marked earlier

 

[Dentalfloss]

oil at 50.0
dax/spx in res
gbpusd retest of high
gbpjpy retesting res
lets see what happens

as marked at 10.23am
oil..not bothered with

 

[Dentalfloss]

http://leavittbrothers.com/blog/index.php/2016/06/07/before-the-open-jun-7-5/

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

change inputs and a clearer veiw

first res is 2114 area

 

[Dentalfloss]

10210-10220 is 50% of latest upmove
if 10250 fails

 

[Dentalfloss]

10235-10242 should be a reasonable supp area

 

[Dentalfloss]

spx 1 min

 

[Dentalfloss]

dax today

 

[Atilla]

SPX is amazing.

When I checked over the weekend PP_R3 was around 2131 I can't see it going much above that.

Trying hard. It's all waiting for the Fed speal with narrowing range imo.

Anything below 2081 is a strong sell for me if that support level fails.

Without some love injection from the Fed, Betterin or some CB pumping more dosh, it's going down for a well earned break.

If Fed raises rates before Brexit referendum, and if Brexit is the vote also, then all hell will brake loose. What's the probability of those two events. Not high but odds changing daily.

To all those who love volatility, the floor is yours. Tight stops and squeaky bum time.

:cheesy:

 

[Dentalfloss]

xauusd ...a lively one with Brexit vote
could go either way
1234 got hit today and bought

 

[Dentalfloss]

2118 we marked...2119.60 the high...slightly out..excellent results

 

[Dentalfloss]

SPX is amazing.

When I checked over the weekend PP_R3 was around 2131 I can't see it going much above that.

Trying hard. It's all waiting for the Fed speal with narrowing range imo.

Anything below 2081 is a strong sell for me if that support level fails.

Without some love injection from the Fed, Betterin or some CB pumping more dosh, it's going down for a well earned break.

If Fed raises rates before Brexit referendum, and if Brexit is the vote also, then all hell will brake loose. What's the probability of those two events. Not high but odds changing daily.

To all those who love volatility, the floor is yours. Tight stops and squeaky bum time.

:cheesy:

agreed

 

[Atilla]

xauusd ...a lively one with Brexit vote
could go either way
1234 got hit today and bought

I reckon gold will do well until the end of the year given so many uncertainties in the markets. In or out, I can see other countries joining in for a referendum band wagon to see who can bring down the EU and get more concessions. There'll be queues forming soon.

Gold is a buy as either markets will collapse or inflation will rear it's head. imo. I could be wrong. 👍


Actually, there is another possibility here. Betterin vote comes through and numbers continue to be good in the US and Fed raises rates. That'll hurt gold. 👎

 

[Dentalfloss]

Attilla
spx...latest rally from NFP