Bquat's Account Talk

[Bquat]

Here we are at a triple top again. Breakout or reversal? Remember what I said before about making the move too fast without high basing before hand.:notrust: Now watch the market prove me wrong.

 

[Bquat]

Even though we're building a high base here and maybe a F flag (both bullish), I think we're too close to a double top at 1897::suspicious: No entry for me. I've been burnt recently entering near a top.

 

[Bquat]

Everyone is thinking bullish with Nasdaq and Russel up and Dow at new high. Well the S&P is just below resistance, so I don't know. This is what I have::blink:

 

[OBXTrader]

I am not a premium service member, so I don't know if everyone was thinking bullish on Friday when I moved into L2050. Based on the Auto-Tracker I can see, not many muscle movements on Friday into stocks, if anything it was bearish.

If the market bounces off of resistance at these levels and the F Fund continues to decline, is your 2nd IFT to the G Fund or Stocks?

Everyone is thinking bullish with Nasdaq and Russel up and Dow at new high. Well the S&P is just below resistance, so I don't know. This is what I have::blink:

 

[Bquat]

I am not a premium service member, so I don't know if everyone was thinking bullish on Friday when I moved into L2050. Based on the Auto-Tracker I can see, not many muscle movements on Friday into stocks, if anything it was bearish.

If the market bounces off of resistance at these levels and the F Fund continues to decline, is your 2nd IFT to the G Fund or Stocks?

-.08% is not really much of a drop and why is that? I kind of wish I new. It's not showing as much movement out of bonds as you would expect. As to G or stocks, I am undecided. I bought stocks last time when we were back in longer term bullish levels and caught the drop and played hell with my emotions holding to get 3/4 back for a percent drop after reentering midterm bullish levels. I have a pronounced fear of news even when many say we have no stake in Ukraine. My charts tell me we can go to new levels but Spidey won't buy it. So maybe only 25% move if strength is shown tomorrow.

 

[Bquat]

No move for me today. It could be a triple top breakout but I need confirmation that's it's not a top and drop move::notrust:

 

[airlift]

No move for me today. It could be a triple top breakout but I need confirmation that's it's not a top and drop move::notrust:

Bquat,

You do make good TA analysis. I hope we will be making a bit of an upside, and that the markets can make a reasonable comeback today. What signs are you looking at to confirm that this is not a top and drop move? Tia

 

[Bquat]

Bquat,

You do make good TA analysis. I hope we will be making a bit of an upside, and that the markets can make a reasonable comeback today. What signs are you looking at to confirm that this is not a top and drop move? Tia

7 out of the last higher high moves have gone negative after the move. See the white and that the peaks are being sold:

 

[airlift]

7 out of the last higher high moves have gone negative after the move. See the white and that the peaks are being sold:

Have seen any signs that this time it is different?

 

[Bquat]

Have seen any signs that this time it is different?

No but Live with Oscar has changed to buy the dips so one of his indicators must be back over the 200 day or something.

 

[Bquat]

Hopefully nobody will try to move the house this afternoon: Just playing with a house pattern ( V ):

 

[Bquat]

Nobody said anything about my little house. If we get gap fill I may buy the dip. I zoomed in for this mornings down move::worried:

 

[Bquat]

This is starting to look like we won't gap fill and build my house. So just in case Birchchart: 60/40

 

[JTH]

Nobody said anything about my little house. If we get gap fill I may buy the dip. I zoomed in for this mornings down move::worried:

Your little house is turning into section 8 housing...

 

[Bquat]

No move for me today but I am looking at the 20 Day and 1872 area as buy possibilities. Redraw a little more bullish::suspicious:

 

[Bquat]

White channel not quite right. Redraw:

 

[Whipsaw]

White channel not quite right. Redraw:

Bquat, the roof of the house has formed the head of the infamous 'Loch Ness Monster' pattern...

 

[Bquat]

Hopefully nobody will try to move the house this afternoon: Just playing with a house pattern ( V ):

Back with the house pattern::worried: Didn't really expect it to hold true but the odds are increasing.

 

[Bquat]

Slightly bearish for tomorrow. I'm trying to show the old river line again. You noticed how we touched it four times and how downward momentum increased to the down side as we crossed it. This line will be red tomorrow and we may test the important mid to long term important level of 1885 tomorrow::worried:

 

[nnuut]

The Market is screwing with us and will do exactly the opposite of what we think, some of the time!