JTH's Account Talk



Point & Figure Blog:
High & Tight



JTH...just an IMO post...which happens to line up nicely with some of your charting....My scratches are drawn in (SnP) with a intermediate range of 2075 to 2118. Key level to watch is right where we are today (2104ish). This could prove to be a short term ceiling or the start of a floor. I'm riding S for now but am considering putting some into C before the end of the month (it would be my first move this month). As always, thanks for the charts, comments and responses! Good luck trading!
 
JTH...just an IMO post...which happens to line up nicely with some of your charting....My scratches are drawn in (SnP) with a intermediate range of 2075 to 2118. Key level to watch is right where we are today (2104ish). This could prove to be a short term ceiling or the start of a floor. I'm riding S for now but am considering putting some into C before the end of the month (it would be my first move this month). As always, thanks for the charts, comments and responses! Good luck trading!

Good analysis, I'd rather put in the floor, but beggars can't be choosers :)
 
Just venting (choppy choppy)

It's been rough, I haven't been getting the exact entries I've wanted and while I'm not taking losses, I'm not taking much in gains either, sort of just floundering around. I am gaining experience, where I'm working on the lessons learned and applying it forward.
 
AGG flips over to a hard sell, eclipsing the previous 3 low Os
2015-04-22 - 001.png



___
After my assertion of a potential bull trap, the Transports confirm the bullish triangle breakout
2015-04-22 - 003.png


___
NASDAQ 100 flips back over to a buy eclipsing the previous 2 high Xs
2015-04-22 - 002.png



___
Take care...Jason

2015-04-22 - 004.png
 
Hoping the flip doesn't turn into a flop.

Yep...the markets need to decide if we are going to break out of this channel and do something different than the past 2 months worth. I'm going to look at some longer term time frames tonight and think about what next week has scheduled before I decide on any move...staying S for now but C and I both have reasons to look attractive.
 
Hoping the flip doesn't turn into a flop.

Yep...the markets need to decide if we are going to break out of this channel and do something different than the past 2 months worth. I'm going to look at some longer term time frames tonight and think about what next week has scheduled before I decide on any move...staying S for now but C and I both have reasons to look attractive.

1st close over the red-triangle of despair

1.png
 
Back
Top