Bquat's Account Talk

[Bquat]

Back to my entry. Now let's build strength to pop the moving averages:

 

[Bquat]

Back to my entry. Now let's build strength to pop the moving averages:

Testing the 50 Day from above. Trying out a new Midterm channel:

 

[Bquat]

Testing the 50 Day from above. Trying out a new Midterm channel:

The test of the 50 Day as support was good.:smile: I think we now are above support. The 18 Day should cross the 50 Day tomorrow and the good news is that all of this happened with out getting overbought. Still playing with the Midterm channel and had to draw it more bullish:

 

[Bquat]

The test of the 50 Day as support was good.:smile: I think we now are above support. The 18 Day should cross the 50 Day tomorrow and the good news is that all of this happened with out getting overbought. Still playing with the Midterm channel and had to draw it more bullish:

Some weakness after the morning pop had me concerned but it didn't even drop enough to test the moving averages. Still in the upper part of the Midterm but it was down enough to keep the 18 Day at the same level as the 50 Day::blink:

 

[Beester15]

My feeling on this is that over the next few days it will move to the upside. Now that I said it publicly, it will go the other direction. LOL

 

[Bquat]

I'm ok, back in the middle of the channel:

 

[Bquat]

Sorry for the late post. The internet is very slow right now. Maybe a little bullish pullback to test the 50 Day:

 

[rangerray]

Sorry for the late post. The internet is very slow right now. Maybe a little bullish pullback to test the 50 Day:

This is what I saw earlier and why I upped my skin in the game today. Plus, I scanned a few headlines that seemed to cement the idea in my mind. Keeping my fingers crossed!!

 

[joblin20]

I hope so. I have installed a couple buy and sell signals on trading view. Right now it says buy. Fingers also crossed.

 

[Bquat]

Another test of the 50 Day today and this is enough to embed to the up side.

 

[Bquat]

Just a little breakout above the little bull flag just reversing yesterdays loss.:smile: Now looking more like a sideways consolidation that is 50 Day supported. Still within the Midterm channel but we need some buying to maintain it. We are embedded to the upside:

 

[Bquat]

I'm ok. Staying 100 S Fund:

 

[Bquat]

I'm ok. Staying 100 S Fund:

Better than expected after the morning of weakness. Back to the top of box which is only a slight resistance::blink:

 

[Bquat]

Just a little breakout above the little bull flag just reversing yesterdays loss.:smile: Now looking more like a sideways consolidation that is 50 Day supported. Still within the Midterm channel but we need some buying to maintain it. We are embedded to the upside:

Another test of the now rising 50 Day showing the box is still 50 Day supported. Outside of the channel but we are still embedded and I'm still good:

 

[Bquat]

Little breakout above my consolidation box and a test of the top of the box from above as new support.:smile: Little concerned about the resistance at the little red line. I may tweak the Midterm channel to contain the last couple of days if this breakout holds:

 

[Bquat]

Still embedded but looking like a false breakout now::blink:

 

[rangerray]

The days not over, though.

 

[Bquat]

I'm going to try to get my P's in a row.:cheesy: So this is my thoughts (which could be wrong) of what could happen. If breakout is confirmed tomorrow it is 60/40 to get us to P1. If P1 happens it gets us above the longterm top (which is the failed W line) and its 50/50 the W should complete at P2. This gives us a completed W pattern and it has the 40/60 potential for P3. It's just a theory I thrown out there for Super Bulls.:suspicious: So crazy or not? I've had the little black line there for a while:

 

[Bquat]

P1 meet and being tested from above as support confirming breakout. :smile: Back into the Midterm channel:

 

[Bquat]

Well that was a little disappointing. We are still embedded to the upside and still above the breakout. Did resistance become support? I think we are still ok but would of liked to stay above the top of the Longterm channel: