Learning to read Price Action with P&F Charting

nasdaq 100
15 minute data
watching for a possible breakdown
trendline break is at 2570 area
support underneath to

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s&p 500 index..hourly data..4 points by 1 reversal..close
the red trendline defines the latest trend intensity.this has not been tested..1360 will be the test of that intense minor uptrend

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going into non farm payrolls
a test of this uptrend in 1.3125 area should decide strong or weak dollar
daily data
35 pips box size by 1 close..hilo plot

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s&p 500 index
hourly data
box size is 4.00 points by 3 reversal....hilo plot
coming into a big supp area
cluster of trendlines in the 1340 region

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S&P 500 index
3 minute data..box size is 0.5 by 2 reversal.hilo plot
since 1340 supp area called
no reason to go short until late friday,,,faile triple top at 1375
note the green internal trendlines have been taken out
so we watch the blue trendlines as the next supp area


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still no real strength in the dollar as yet
aussie usd
4 hour data
30 pips by 3 reversal
close
a major trend support area at 1.0500
and a res /intermed at 1.0740 area need to be sorted
dollar weakness=stocks rise
there is a partial breakdown in aussie..but those higher interest rates and exports to China over there still attractive...imho

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