Bquat's Account Talk

[Bquat]

Lot of gaps to fill but when?:blink:

 

[nasa1974]

Good point. A scary one at that.

 

[Beester15]

Dumb question that I can't seem to get an answer that I understand or feel like it makes sense to me. Why do technical traders feel/say that these gaps always get filled in? If they do, that gap in may is a scary one at that!

Thanks guys and gals!

 

[Bquat]

Dumb question that I can't seem to get an answer that I understand or feel like it makes sense to me. Why do technical traders feel/say that these gaps always get filled in? If they do, that gap in may is a scary one at that!

Thanks guys and gals!

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

 

[Bquat]

Does look like support held but is this trying to form a topping doji::suspicious:

 

[Beester15]

Thank you for your thoughts. Much appreciated.

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

 

[Bquat]

Does look like support held but is this trying to form a topping doji::suspicious:

So much for that. Can't fight the news. Announced just days after election that Antivirus is 90 percent effective. Wow what timing:

 

[Bquat]

So many news gaps to fill but now will all the good news keep coming?:notrust: Short term I have no foresight anymore:

 

[Bquat]

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Just a reminder. The coin was flipped very high in the air but will come down eventually.:worried:

 

[Bquat]

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Gaps begat gaps in both directions. Over reaction to news in both directions between the two circles. Is this news based rally real?:suspicious:

 

[Bquat]

Gaps begat gaps in both directions. Over reaction to news in both directions between the two circles. Is this news based rally real?:suspicious:

Looks like the top gap doesn't want to be filled. Things do seem to be calming down post election. Staying 100 G with no short term outlook::suspicious:

 

[Bquat]

Spidey does have a possible bear line::worried:

 

[Bquat]

Spidey does have a possible bear line::worried:

Should I consider this close enough for gap fill.:blink: Watching both for double top or breaking below higher low bear line or both. Price range or flat top developing. Consolidating sideways which is bullish until it breaks down. I still be looking for short term direction and at 60/40 thinking this is a news based rally and can break downward::suspicious: JMHO

 

[Bquat]

I pretty much try to keep bias out of my charts but thoughts for short term I just might be too cautious. That's me. 60/40 miss gains rather than take loss.

 

[Bquat]

Should I consider this close enough for gap fill.:blink: Watching both for double top or breaking below higher low bear line or both. Price range or flat top developing. Consolidating sideways which is bullish until it breaks down. I still be looking for short term direction and at 60/40 thinking this is a news based rally and can break downward::suspicious: JMHO

Double Top and gap filled. Now to see if bear line holds again::blink:

 

[Bquat]

Another news pop about a second antivirus showing 95% effective. More good news held for right after election. So now I'm Midterm guessing::suspicious:

 

[Bquat]

I still have failure to engage syndrome.

 

[Bquat]

Another news breakout and gap:

 

[Bquat]

Some post vaccine news weakness. So maybe another over reaction::worried:

 

[Bquat]

Here's a basic chart on EFA. I think this is I fund. It's in a F flag that is bullish until it isn't::blink: