Bquat's Account Talk

[Bquat]

I need this little top tail to last so I can be right::cheesy:

 

[ToddB]

No move for me today:

I'm gonna wait until there is a better entry point for me, was hoping for a pullback today to maybe the 18 day MA but no cigar!


Sent from my iPhone using Tapatalk

 

[Bquat]

I really like these charts - so easy to read. I think that we are headed up that midterm channel. What would it take to slant the short term channel upwards?

A break above the bottom of the gap:

 

[flalaw97]

Does "break" mean that it ends the day above that mark or that sometime during the day it breaks through that mark (even if it then finishes below)?

 

[Bquat]

Does "break" mean that it ends the day above that mark or that sometime during the day it breaks through that mark (even if it then finishes below)?

Breaks above it and touches the blue line.

 

[Bquat]

Going to a shorter time frame as to see where to IFT this month. Laying out a possible Midterm and maybe a F flag. The old Long Term and Midterm were somewhat sharing the bottom of the channel. Trying to get a better look at the shorter news cycle because it's been having more effect lately. Here's what I be thinking:

 

[Bquat]

I can play with the channel because I'm on the outside looking in. I will watch while I stay 100 G until I get more sense of the Midterm::suspicious:

 

[flalaw97]

So the F flag would be a bullish flag indicating that we are currently in a consolidation phase before a breakout upwards, correct?

 

[Bquat]

No we are already in a breakout. A F Flag is bullish until it isn't. Usually get a good size drop after it completes.

 

[Bquat]

Looks like I be missing gains. Turning out more bullish than I expected. Must be news that the recent outbreaks are curving down or maybe the news on two antiviral tests. I don't know. Well I've been wrong before. Just have to be less wrong in most cases. May have to redraw Midterm more bullish after today::cheesy:

 

[Bquat]

Looks like some of the gap is getting filled. I am surprised how the new long term is looking. I thought it was done but what do I know lately. I am waiting for a dip because I don't know if I want to try to jump on the caboose of the train that just pasted me::suspicious:

 

[ToddB]

Looks like some of the gap is getting filled. I am surprised how the new long term is looking.

I'm in the same boat BQ!!

Sent from my iPhone using Tapatalk

 

[ToddB]

100% S IFT COB


Sent from my iPhone using Tapatalk

 

[flalaw97]

There is alot of gap to fill and it appears to have strong lines marking the channel? Good luck in deciding. I jumped on and hope that it is just a really long train

 

[Bquat]

Decided to drop the bottom line of the Midterm for a cleaner chart. Added last TOP and small gap. Changed gap color. Missing gain but not chasing it either::blink:

 

[Bquat]

Is the S Fund trying to set a short term top::blink:

 

[Bquat]

Is the S Fund trying to set a short term top::blink:

Here is a zoom in on the end of day Friday:

 

[Bquat]

Fear is calming down. VIX CBOE:

 

[Bquat]

Pop and drop may be a market top. Staying 100 G Fund::worried:

 

[Bquat]

I think VIX may be an Inverted F Flag which is bearish for the VIX until it isn't: