• Point & Figure Patterns

    • Basic Point & Figure Patterns
      Basic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
    • Bull & Bear Traps
      One of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
    • Cup & Handle
      Identify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
    • False Breaks
      Similar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
    • Bull & Bear Traps - Primary Index
      Upward breakouts in a primary down-trend are notoriously unreliable.
    • Retracements
      Retracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
    • Spikes
      An upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
    • Trend Reversals
      After a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
    • Triangles
      For a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.