Learning to read Price Action with P&F Charting

dollar index just about to enter a major res zone
good for stocks

 

nas 100..hourly

 

dow hourly
more resilient.. i think

 

eurusd..10 min
15 pips by 3 reversal
in an area of massive resisitance.many downtrend lines
needs to break this before stocks can move up

 

opposing poles
hourly data.45 by 3 reversal
according to the textbook.opposing poles.the appearnace of a second pole,enhances the down move if it is a low pole.pleas correct me if my interpretation is wrong.shorts could be moving in for another look..??

 

eurusd..hourly
in a res zone and also possibly going to give a bullish signal.consecutive double-tops...however,caution,there was a bearish signal between them.ie the low pole

31 pips by 3 reversal.close data




looking for failed signals or break upwards

 

eurusd
hourly..log box size.shows the trend well.
looking like a recoil in a downtrend

 

nas 100.hourly close data
some noise taken out
overhead trendline resistance.if no support,then 1750 area

 

nas 100
10 min
at res area now.do we go up or back down..??

 

dow..hourly plot
60 by 3 hilo
looks like 9900 is very important support area if we get there



10260 to be taken out if there is some strength.ie a retrace moe than 50% of the low pole