Bquat
TSP Talk Royalty
- Reaction score
- 441
Yeah we all know how the deadline works but I still think it will break the channel even if we have to glide sideways.
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Or you can now use TapaTalk again!Bquat's Account Talk
- Thread starter Bquat
- Start date
Mcqlives
Market Veteran
- Reaction score
- 24
Riding for another day...against my gut. But, then again, my gut took me into negative last spring and I am still nicely positive sticking with my lines in the sand this year.
Bquat
TSP Talk Royalty
- Reaction score
- 441
Here we go.Ok, first to point out: I look less stupid now.:embarrest: I really like the short covering at end of day and not too worried about the short drop after. 1555 and 1560 are the keys to this thing. Mainly 1555 is critical. Why? It breaks the descending channel and bear flag that is forming. If it broken we break out of a longer time frame Bull flag. We also need 1560 to break because it has been major resistance as a lower high. I can't tell you exactly which way we go but I think 60/40 that we're at the bottom of the longer term blue-green channel and another dip buy. Any agreement here. For me and my wingmen where picking up an updraft off of the cliff face we just saw.
Brought to you by Don'tlistentomeI'mJustGuessing.com contrary indicator until I'm not. Please comment because you can be right.
Mcqlives
Market Veteran
- Reaction score
- 24
Bquat,
I like this chart! Do I see a couple of ascendings on there with target points near (lower ascending) 1567 and (higher ascending) 1576? What do you think?
JTH
TSP Legend
- Reaction score
- 808
Bquat
TSP Talk Royalty
- Reaction score
- 441
I be a happy camper at least non-contrary indicator on the S&P 500 but have to wait on the S fund.Ok, first to point out: I look less stupid now.:embarrest: I really like the short covering at end of day and not too worried about the short drop after. 1555 and 1560 are the keys to this thing. Mainly 1555 is critical. Why? It breaks the descending channel and bear flag that is forming. If it broken we break out of a longer time frame Bull flag. We also need 1560 to break because it has been major resistance as a lower high. I can't tell you exactly which way we go but I think 60/40 that we're at the bottom of the longer term blue-green channel and another dip buy. Any agreement here. For me and my wingmen where picking up an updraft off of the cliff face we just saw. Brought to you by Don'tlistentomeI'mJustGuessing.com contrary indicator until I'm not. Please comment because you can be right.
JimmyJoe
Analyst
- Reaction score
- 8
Stocks are "Simply irresistible". She's so fine, there's no telling where the money went. (Up up up up up). She's so fine, there's no other way to go.
Bquat
TSP Talk Royalty
- Reaction score
- 441
Hold on there scooter. We're testing this stronger resistance as stronger support and was a little over the glide plain. If this holds as support shorts my have to cover.
Bquat
TSP Talk Royalty
- Reaction score
- 441
JTH has been doing good lately and even felt strong enough to enter without watching today. I see a chance to retry for a new high probably post deadline. It your money and your choice.Similar threads
