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Strategies & Market Trends : Point and Figure Charting

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Ms. Baby Boomer

toccodolce

From: Fintas

11/7/2016 9:07:31 AM

2 Recommendations Read Replies (1) of 34801

Here's a 108 value box.

So let me help those who get giddy..

The bump today just leaves another GAP UP that will be filled.

The question is do the bulls have enough juice to take it beyond this number and even if they do..

The previous chart kicks in.

Sorry but until there is a retrace of the larger boxes.. THAT MUST HAPPEN for the weight of this HIGH POLE will result in it turning down and the BULLS best understand a healthy retrace is better than toppling.

If one looks at the 81 value box it shows some support in the 1863 area but when that breaks... RUH ROO.

		10
		11
		12
		13
		14
		16
2484			2484
2376			2376
2268			2268
2160		7	2160
2052		B	2052
1944		6	1944
1836		C	1836
1728		9	1728
1620		5	1620
1512		2	1512
1404		3	1404
1296		1	1296
1188		4	1188
1080	O	9	1080
972	O	X	972
864	B	X	864
756	O	•	756
648	•		648
540			540
432			432
	08	09
		10
		11
		12
		13

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