Bquat's Account Talk

Starting to see a little bullish pull back. I would like some more direction before the IFT deadline.
 
Stop doing my chartamatic thing and the market waits for me to call the direction. This is a market consolidating through time after an up move in an isometrical triangle which should break out the top because the channel direction is up. Any questions?;) Now that you know, quit coiling and jump up again.
 
Yes I do have a life. Took the dogs to groomer and went to breakfast before 8 AM my time and watered trees and picked the dogs after deadline. Now I back to give the market personal directions.:D
 
Chart for Monday and I was suprised when I went back to draw it. The high was higher.:)
 
So Birch, I'm thinking about big money trading attitudes. I think the recent strength in the market may switch big investers from shorting the market and pumping any bad news they find to buying dips and pushing good news. I think we might switch to the dipless phase of this rally. Especially how the market reacted friday.:) Chart by BirchChart.com

Ok guys any thoughts. I could be too bullish.:notrust:
 
Ok guys! Wow ask for thoughts about being too bullish and the market replies like that. We'll we have a double bottom and retesting it, so what from here?
 
Some are taking this as a drop or correction. I don't know but in what I was saying earlier about dips being bought up now and big money buying in, this has to be setting a higher low and in 1/2 hour we jump up. Now this is just a theory and you guys could convince me otherwise.:rolleyes:
 
Back
Top