Bquat's Account Talk

I'm going to do the charts and you guys tell me what they show to you. Drawing.............
 
This is working out ok. I'm out enjoying breakfast. Did you guys like the mid term channels?
 
This is working out ok. I'm out enjoying breakfast. Did you guys like the mid term channels?

Yes...but triple topping action on the SnP and the intermediate term on the transports have me seeing warning flags....again.
 
You don't think when shorts cover it will pop even more?

I just don't know...we have been waiting for the bull's to get some steam for months! For shorts to cover enough we have to hit into the upper 2120's (I would prefer 2133ish) on good volume ...I don't know if we can get that much out of this action.
 
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OK...now I am officially nervous. We fell to 2085 before bouncing...I would have rather seen something around 2077ish. Now you have a bunch of redraws to do!
 
OK...now I am officially nervous. We fell to 2085 before bouncing...I would have rather seen something around 2077ish. Now you have a bunch of redraws to do!
Last chart still good just a good test of the 50 Day.
 
Nice charts Bquat. Thanks for your efforts. They say be cautious to me...I don't like an environment where both S and C are at or below the 50 DMA and that F-Fund is in a bear trough and appears to be bouncing back. I haven't checked MACD or RSI on these and at a minimum would before I moved forward in any direction.

FS
 
Nice charts Bquat. Thanks for your efforts. They say be cautious to me...I don't like an environment where both S and C are at or below the 50 DMA and that F-Fund is in a bear trough and appears to be bouncing back. I haven't checked MACD or RSI on these and at a minimum would before I moved forward in any direction.

FS
The C fund broke the 50 Day on the day of those charts. Today was the test of the 50 day from above.
 
I know you do but not do I.:D

You do now!....but you would be doing them anyway!

Now we got your shorts and your "W" was confirmed...but is it enough for the intermediate term to proceed higher? I am more optimist than pessimist but am still looking at a half full glass and will be remain attempting to be the eternal opportunist. Looking forward to your charts over coffee!
 
You do now!....but you would be doing them anyway!

Now we got your shorts and your "W" was confirmed...but is it enough for the intermediate term to proceed higher? I am more optimist than pessimist but am still looking at a half full glass and will be remain attempting to be the eternal opportunist. Looking forward to your charts over coffee!
Yes I do.:smile: I also have to look in longer time frame if it would be best to make Midterm Longterm and recent activity midterm or delete recent activity if Midterm still looks feasible.:nuts: I'll figure it out.:cool:
 
Yes I do.:smile: I also have to look in longer time frame if it would be best to make Midterm Longterm and recent activity midterm or delete recent activity if Midterm still looks feasible.:nuts: I'll figure it out.:cool:

I still am using 2077 and 2104 as key levels...at least till we take out 2133ish. But now that I am thinking about it that 2077 should be around 2082 and the 2104 should be 2107ish....hmmmmmmm. Now I have too many lines on this chart! I need to back out to a 60 day and then work in.
 
I still am using 2077 and 2104 as key levels...at least till we take out 2133ish. But now that I am thinking about it that 2077 should be around 2082 and the 2104 should be 2107ish....hmmmmmmm. Now I have too many lines on this chart! I need to back out to a 60 day and then work in.
I'll go with 2124 resistance, 2112 support and 2091 support. By the way that triple top line you was worried about broke::smile:
 
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