Learning to read Price Action with P&F Charting

[dentist007]

nas 100
a closer look at the tringle.price in a downtrend.however, the upward price target 1656 is still active as 1639 was not taken out
the last pole / high got sold off quickly
could go either way on any news.key res at 1650
just an opinion

 

[dentist007]

dow
15 min data
getting close to breaking a trendline

 

[dentist007]

china in deep doo-doo
shanghai
daily data
first arrow is today"s close
second is vert count target

 

[dentist007]

which way next.??
upside target of 1027.this will cease if 1016 is taken out
1 min data

 

[ammo]

dvol/uvol ratio staying at 4.5 or 5/1 if that shrinks, we could push higher, staying aware of end of month marking up at close possibility edit .dentist. thanks for posting these charts

 

[dentist007]

thanks ammo for the info
happy labour day to you and all on this thread
we are having the equivalent of labour day.it is today in the uk

 

[dentist007]

a minor breakdown
a lower box size.1 min data

 

[oraclewizard77]

http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,P&listNum=

It looks like 1295 is predicted, how do you get it to show differently?

Quote from dentist007:

a minor breakdown
a lower box size.1 min data

 

[dentist007]

s500 finished the day with a minor uptrend
potential price target of 1028
the higher trend id still down
5 min data

 

[dentist007]

the same chart with a continuation of the uptrend line.uneless price keeps above this line then it is bearish