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2019issue C0138-42

A 2019 charting case as a three-check trend classroom

A 2019 charting-desk case study placed point-and-figure columns, nearby support-resistance, and a relative-strength reading from a stated lookback in one workspace. Editorial reading treats that stack as a three-check trend test: the column names the condition, a level says whether the path still has something to respect, and the lookback reading confirms or vetoes.

  • A 2019 workspace listed point-and-figure views with candlestick, bar, line, and multi-horizon-gallery charts so one ticker could be inspected from intraday through yearly scale.
  • A technical-rank that blended moving averages, rate of change, and a relative-strength measure ordered names from high to low. The top tenth sat near 90 to 100 on a scale that ran from near 100 down to zero, and a high score was treated as a confirmation check rather than a standalone call.
  • A scan table of 80 named conditions, including 19 bullish and bearish point-and-figure patterns, could turn a repeatable column event into a candidate count by exchange. Hits still had to be reopened, because one listed condition was current while another referred to an earlier, inactive setup.
  • Editorial reading: treat the stack as three locks. A column-break names the condition, support-resistance asks whether a level remains to respect, and a lookback-threshold on relative-strength-index confirms or vetoes the idea.
Entries in this reading3 entries
Current trackPoint and figure chart37 readingsSupport and resistance170 readingsRelative Strength Index186 readings

What the 2019 case recorded

A 2019 case study of a charting workspace listed point-and-figure views together with candlestick, bar, line, and multi-horizon-gallery charts. The same ticker could be inspected from intraday through yearly scale.

Point-and-figure records price reversals of a chosen box size rather than every clock interval, so a column-break can be stated as a dated, testable condition.

A rank that still needs the opened chart

The same workspace computed a technical-rank from several indicators, including moving averages, rate of change, and a relative-strength measure, across short, medium, and long lookbacks, then ordered names from high to low.

That rank placed the top tenth of names near 90 to 100 on a scale that ran from near 100 down to zero. A high score could be treated as a quantitative confirmation check rather than a standalone call.

The write-up states that a high rank plus a new high is incomplete until support, resistance, and percent distance from moving averages are read on the opened chart.

From a scan-condition to a candidate list

A predefined scan table is described as covering 80 named conditions, including 19 bullish and bearish point-and-figure patterns. A repeatable column event could be turned into a candidate count by exchange.

A custom scan recipe in the same case study combines a new 52-week high with a relative-strength reading above 70. That pairing shows how a lookback-threshold can sit beside a chart event so the quantitative check can be reproduced.

The write-up warns that a named point-and-figure scan-condition should be reopened on the actual chart. One listed condition was current, while another referred to an earlier, no-longer-active setup.

Bullish predefined-scan hits, 31 August 2018

On 31 August 2018 the scan desk printed 326 equities at new 52-week highs and 149 bullish MACD crosses, but the NYSE column the review then opened held only 113 of those new highs and 20 of the MACD crosses. The gap between the Total bar and the NYSE or Nasdaq bar is how much of each condition actually sat in the list a trader would click through. Counts are the printed cells in the bullish block of the Predefined Scan Results table.
On 31 August 2018 the scan desk printed 326 equities at new 52-week highs and 149 bullish MACD crosses, but the NYSE column the review then opened held only 113 of those new highs and 20 of the MACD crosses. The gap between the Total bar and the NYSE or Nasdaq bar is how much of each condition actually sat in the list a trader would click through. Counts are the printed cells in the bullish block of the Predefined Scan Results table.31 August 2018 session · 2018-08-31T00:00:00.000Z to 2018-08-31T00:00:00.000Z

The site's predefined scans cannot be rewritten, and only the bullish-indicator block is in this screenshot; bearish rows begin immediately below. The Total cell is the site's own equity total and does not always equal the sum of the exchange columns. Mutual-fund counts are a separate tabulation and are omitted.

A dated column-break and session scales

A daily point-and-figure example marks two sell events after an August peak print and later treats a prior spring low as a candidate support zone. The sequence illustrates a dated column-break hypothesis rather than a finished verdict.

Intraday point-and-figure scales of one and five minutes are described as a way to read session support-resistance together with a relative-strength oscillator when testing whether the daily column-break still holds.

Editorial reading of the three checks

Editorial reading, not archive language: the first lock is the column-break that names a buy or sell hypothesis at a stated print. The second lock is support-resistance, meaning prior swing, channel, or average-distance zones that repeatedly attract or reject trade, used here as the check after the column event. The third lock is relative-strength-index, a quantitative strength reading computed from ordered price observations over a defined lookback, which must agree with the chart hypothesis or the idea is set aside.

The multi-horizon-gallery keeps those three checks honest across scale. An intraday level can be compared with daily or longer structure before the candidate is kept.

Educational research material, not investment advice. Historical source context does not establish present-day performance.
30 of 30 in the Point and figure chart track
1988Track finished · Next track: Price channelConstructing price channels from trendlines110 readings
All readings on this track · 30 readings
  1. 1988Constructing trend definitions with filters and lines
  2. 1989Reversal count as the clock on point-and-figure charts
  3. 1989Point-and-figure setup and session-average entry windows
  4. 1989Two-scale point-and-figure trendlines and stop placement
  5. 1989Adjusted net asset value, tighter reversals, and written stops on a fund point-and-figure chart
  6. 1990Stack option odds after point-and-figure signals
  7. 1991Constructing a point-and-figure downtrend-break
  8. 1991Constructing point-and-figure box and reversal charts
  9. 1991Constructing a close-tested one-two ladder on a point-and-figure chart
  10. 1992Point-and-figure, breadth, and volume as falsifiable hypotheses
  11. 1992Three-gate stock selection with ranks and point and figure
  12. 1993Constructing combined stochastics and point-and-figure relative strength
  13. 1997Point-and-figure box scale and reversal construction
  14. 2000Cotton weekly point-and-figure: late-stage decline, named weekly close
  15. 2000Constructing point-and-figure charts for support, resistance, and breakouts
  16. 2001Swiss franc: seasonal permission and a weekly point-and-figure breakout
  17. 2001Constructing point-and-figure boxes and reversals
  18. 2002Point-and-figure construction: box, live column, and three-box reversal
  19. 2003E-mini point-and-figure box-size and a descending-triangle breakout
  20. 2003A reconstruction critique of point-and-figure daytrading
  21. 2004Point-and-figure column moving-average crossovers
  22. 2005Box-series transforms for trend and channel work
  23. 2006Constructing bearish point-and-figure support breaks
  24. 2008Point-and-figure forex breakouts and triangles
  25. 2012From tactile charts to written trade rules
  26. 2013Combine a Point and figure chart and Moving-average crossover inside one System optimization procedure
  27. 2015Point-and-figure time and volume limits are conventions to test
  28. 2016Measurement-first critique of indicator defaults
  29. 2017Point-and-figure construction, reversals, and column-based overlays
  30. 2019A 2019 charting case as a three-check trend classroom
By fieldTrend and channels181 readingsBy year201975 readings
All 37 readings tagged Point and figure chart
Also on Point and figure chart5 readings
1988Constructing intradaily point-and-figure boxes and pivot ladders1988Constructing trend definitions with filters and lines2000Constructing point-and-figure charts for support, resistance, and breakouts1988Remaining life on a percent-filtered swing chart1989Adjusted net asset value, tighter reversals, and written stops on a fund point-and-figure chart