Bquat's Account Talk

[flalaw97]

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

And then four hours later rocket upward movement!? This is absolutely crazy. Thanks for plugging away at the charts!

 

[Bquat]

There is a continuing drift up in the S fund today and I don't know why. While the Dow and S&P are down.

 

[Bquat]

Playing with hide the news candle to line midterm up::cheesy:

 

[Bquat]

Are we seeing a top pattern forming? I've only was wrong with this 3 or 4 times. Good news just seems to come out at the time it's needed::suspicious:

 

[Bquat]

I think we are trying to top out right now but good news keeps coming when needed. Myself I'm not entering worried about the gaps below. The continuing news about vaccines coming out can make me wrong. I think the recent vaccine news my already be factored in but who knows for sure.:notrust:

 

[Bquat]

I think we are trying to top out right now but good news keeps coming when needed. Myself I'm not entering worried about the gaps below. The continuing news about vaccines coming out can make me wrong. I think the recent vaccine news my already be factored in but who knows for sure.:notrust:

I have missed the last two up channels.:embarrest: The good news keeps coming. Should I change my outlook from being worried about all the news gaps and become slightly news bullish::blink:

 

[Bquat]

Will weakness ever come? Here's where I might enter. 50/50 bottom of second gap and 60/40 at bottom or third gap and that's if gap fill technology even works anymore::notrust:

 

[Bquat]

Working on chart for December. In a F Flag which is bullish until it isn't::suspicious:

 

[flalaw97]

My favorite Bquat channels - looking for signs of weakness because it just doesn't seem like it can be real and keep going, right? NAAIM is solidly bullish, Slow stochastic is embedded, Inside the Bollinger bands, above the 13 day EMA, month long channel. And 'tis the season. Staying in until some of these point the other direction. Thanks again for charting! Good luck.

 

[grimmjsg123]

Partially correct, revert your chart to the weekly review and look at the Bollinger band (more for long term trading). This is the 3rd consecutive week above the Bollinger band. Look back retrospectively when we had 4-5 weeks consecutively above the upper Bollinger band in the S fund on a weekly basis; it hasn't happened. Just an observation.

 

[Bquat]

Finally some weakness. First gap filled. Bought back prior to bottom of long term channel. Not enough dip for me to buy:

 

[Whipsaw]

This is what kills me, what are the odds of the next dip, the bottom of which won't be above this point?

 

[ravensfan]

This is what kills me, what are the odds of the next dip, the bottom of which won't be above this point?

It's never easy, is it? :nuts:

 

[Bquat]

Finally some weakness. First gap filled. Bought back prior to bottom of long term channel. Not enough dip for me to buy:

I think weakness may continue today. Not thinking of entering yet but wondering if I want to enter before vaccines become available.:blink:

 

[nasa1974]

I'm hoping to get back in this week. Definitely before vaccine distribution.

 

[Bquat]

Looks like a rounded top. Haven't seen one of these in a while. Will the news let it break down like it should::worried:

 

[ToddB]

Yeah I went 100% G today was 67S and 33G


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[Bquat]

Back to price range and sideways consolidation. December Chart:

 

[Bquat]

Covid relief and antivirus talk just keep the charts popping upwards. You would think a lot of the news is already factored in. Just can't keep up with the news and figure midterm:

 

[flalaw97]

I think there is also signs that we are closer to a second (albeit smaller) stimulus and I think everyone wants to be in the market when that happens so people are staying in and buying more in anticipation. Good luck to all!