Trading with point and figure

[inzimam]

so much for the mega rez?

 

[Dentalfloss]

still no buyers

 

[Dentalfloss]

so much for the mega rez?

mega support

 

[Dentalfloss]

that is the original chart..
as we said...box size could be out...so you have to give some leeway

 

[Dentalfloss]

change box size to 24 pts
that trendline is 10872 area

 

[Dentalfloss]

These inputs seem to have a better feel

 

[Dentalfloss]

buyers got a chance

 

[Dentalfloss]

once you pick off the area....then ya gotta look for signals

 

[Dentalfloss]

yu cannot rely on levels....as your box size might not be quite right

 

[Dentalfloss]

gettin there

 

[Dentalfloss]

think we might test 10872 area

 

[Dentalfloss]

seems to be being supported

 

[Dentalfloss]

Inzi....dax is a falling knife..so bound to be some overshoot

 

[Dentalfloss]

first rez

 

[Dentalfloss]

no buy signal...as yet

 

[Dentalfloss]

maybe

 

[Dentalfloss]

will our 10872 area hold,..??

 

[Dentalfloss]

no guarantees
..its still a sell

 

[inzimam]

no end in sight

 

[Dentalfloss]