Bquat's Account Talk

[Mcqlives]

I have not called this last leg right in any way shape or form so I am now flat (negative after today if it stays down) for the past 4 months. So take the below as nothing more than points to consider...So here are some observations I made while watching this mornings drop.
-If volume stays steady for the day this will be a 5bil+ day for the SnP.
-VIX is still middle of the road, in the mid 20's, for the year.
-DJT is hovering around levels last seen over the summer of 17. It had climbed 1300 - 1500 points during the year before (2016-2017) and has fallen about 1300 points from it recent high (September, 2018). This shows the DJT has had a 20% drop compared to the SnP's 15ish% drop from the highs.

So, we are still trending down, with DJT forecasting the way for another 5%, while I am still hoping for seasonality to kick in.

 

[Mcqlives]

Bquat! Where are ya bud? I have grown up and started actually being able to make pretty charts without using my #2...but still miss your charting and comments! Hope Texas is treating you right and all is well with you and yours!

 

[Bquat]

Chart for you:

 

[Mcqlives]

dang it!...your charts are still prettier than mine!

 

[Bquat]

Another Chart:

 

[Bquat]

One more chart:

 

[Mcqlives]

After today I will have (Hopefully it doesn't drop any more from here) made a paltry $8000 on this trade. At least I'm not negative but still....&^%&*&@ 2 moves a month sucks!!!!!!

 

[Tsunami]

After looking at your charts, I feel an urge to go and buy some "Head & Shoulders" shampoo! :smile: 2600ish sure does look like a magnet for a pullback over the next week or two.

 

[Bquat]

The dip I was guessing about hasn't happened yet.:blink: So I redrew my resistance line:

 

[Bquat]

Dip still didn't happen yet. Chart:

 

[Bquat]

Looking to see if the 50 day crossing the 100 day helps. Expecting blue line to hold:

 

[Bquat]

Made monthly autotracker

 

[nnuut]

Thanks for the Chart!

 

[Bquat]

Things are looking better. Chart:

 

[Bquat]

Still waiting for a turn up today to fight my 200 Day:

 

[Bquat]

Still waiting for a turn up today to fight my 200 Day: So I was a day off. Now up into the oversold area. Green arrow:

 

[Bquat]

Well my lines look about right. Enjoying the drift up but something has to give soon:

 

[Bquat]

Definitely a move back into my channel:

 

[Bquat]

Here's the skinny for Friday: Looks like we're above my 200 day and slightly above my long-term but not above lower high line. Good move up today and we're not over bought:

 

[Bquat]

S Fund did better today to get me back on monthly. Wonder how long that will last?