Bquat's Account Talk

[Bquat]

I be staying in. You?

 

[BichonFreeze]

I be staying in. You?

Not sure why, but I have a bad gut feeling right now; as if today would be the right day to go out. I'm staying in, but starting to get a bit nervous.

 

[Bquat]

Not sure why, but I have a bad gut feeling right now; as if today would be the right day to go out. I'm staying in, but starting to get a bit nervous.

I know this is a high resistance level but what if we break it? This is an ascending triangle: Can you see it?

 

[Whipsaw]

Not sure why, but I have a bad gut feeling right now; as if today would be the right day to go out. I'm staying in, but starting to get a bit nervous.

Story of my life, always staying too long at the fair. I wan't back in the ascending channel.

 

[Bquat]

Off I go to senior bowl. Making mental note on 1038 level.

 

[Bquat]

Should we continue? S&P made a higher high: S Fund down slightly after touching 20 day: NASDAQ at double top area but only fell slightly. Maybe were just waiting for moving averages to catch up. I guess we watch for may a shake up tomorrow. I be looking for a move up because we need one.

 

[Bquat]

So watch the white channels tomorrow and see if we have any breakdowns. I kinda want to hold for the weekend but you maybe can convince me otherwise. Everything is in a high base:

 

[Whipsaw]

So watch the white channels tomorrow and see if we have any breakdowns. I kinda want to hold for the weekend but you maybe can convince me otherwise. Everything is in a high base:

HIgh base... possible consolidation for a move up?

 

[Bquat]

Well, I'll have to do some re-charting but I believe this may be the higher low the market may be looking for. Come on dip buyers:

 

[Bquat]

Staying in but may be just pushing my agenda::suspicious:

 

[Bquat]

Are we getting Bearish or is this the higher low we needed? I have always been bad on the get out part.

 

[Bquat]

Weekend update: F fund is in a rising wedge (Pink):

 

[Bquat]

VIX-X is in a H&S pattern. Does that wort in the VIX?

 

[Bquat]

Transports has a pulse to it but is it ready to fail? Need big Monday move up.

 

[Bquat]

Is the S fund coiling for a pop up?

 

[Bquat]

Comments or charts always welcomed.

 

[OBXTrader]

How does coiling for pop up look? (serious question). Looking at the S Fund chart, all I see is it knocking 3 times on the 20 day and getting rejected in the past two weeks. Also, aren't the 11 and 20 day descending closer to the 50 day? If if does pop on Monday, I would like to know the indicator, because at 11:59am on Friday, I (again) was tempted to jump into the market.

This is the longest I have ever sat in the G-Fund since I started TSP. It is somewhat frustrating as I am not good enough to time these bump ups and drops for quick scalps. I am not too discouraged as I would probably be sitting in the L2020 anyway and have about the same year to date performance (autotracker is off by -1.46% since I joined late) and I am zero risk right now. Maybe the market will correct down enough (or show conviction upward) to tempt me into buying the end of the month.

Comments or charts always welcomed.

 

[Bquat]

How does coiling for pop up look? (serious question). Looking at the S Fund chart, all I see is it knocking 3 times on the 20 day and getting rejected in the past two weeks. Also, aren't the 11 and 20 day descending closer to the 50 day? If if does pop on Monday, I would like to know the indicator, because at 11:59am on Friday, I (again) was tempted to jump into the market.

This is the longest I have ever sat in the G-Fund since I started TSP. It is somewhat frustrating as I am not good enough to time these bump ups and drops for quick scalps. I am not too discouraged as I would probably be sitting in the L2020 anyway and have about the same year to date performance (autotracker is off by -1.46% since I joined late) and I am zero risk right now. Maybe the market will correct down enough (or show conviction upward) to tempt me into buying the end of the month.

That's why I have a question mark. The ascending triangle (straight out yellow line with the bottom yellow line) last year would pop but this year we are moving sideways and at June levels. You could be right and I may be putting to much faith on this higher low, the 50 day and the blue green channel but what is the 20 day the top of? If this level doesn't hold I may exit to be out the start of next month. That's one thing I did decide is that if we don't turn positive soon, I don't want to continue to hold through August. IHS with 50 / 50 chance:

 

[Bquat]

Getting nervous here approaching my line in sand the river::worried: I'm not looking good lately.:embarrest:

 

[Whipsaw]

If we're lucky, it will head back to the top of the channel. :notrust: