Learning to read Price Action with P&F Charting

Discussion in 'Strategy Building' started by HolyGrail, Mar 22, 2008.

  1. here is the 3 box reversal chart
    no count as yet

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    #1371     Mar 17, 2009
  2. dow ..eod data
    50 by 3 reversal hilo plot.if it prints 7500,then the upside count of 9050 becomes active

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    #1372     Mar 17, 2009
  3. update on the nas 100
    there is a base bulding.massive res area though
     
    #1373     Apr 2, 2009
  4. chart enclosed

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    #1374     Apr 2, 2009
  5. base forming in the s500

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    #1375     Apr 2, 2009
  6. So is that base likely to break up or down?
     
    #1376     Apr 5, 2009
  7. Humpy

    Humpy

    now that is the $64,000 question - looks a bit sideways to me
    :(
     
    #1377     Apr 5, 2009
  8. This chart looks like it does not include Thursday's and Friday's price data (at least).

    Friday's close was 842.5, certainly beyond any base forming.
     
    #1378     Apr 5, 2009
  9. s&p 500 at a resistance.a high box size.10 points by 3 reversal
    close data


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    #1379     Apr 5, 2009
  10. when i posted the chart with a base formation.it was a short term support.it held after the news about the gm bankruptcy.we are certainly at resistance.needs to print a close above 850 for the last chart to become bullish
    so just some thoughts
     
    #1380     Apr 5, 2009