Bquat's Account Talk

[Bquat]

Thinking about going back to rectangle which is a consolidation pattern that we need to break out of the top. JMO: :suspicious:

 

[Bquat]

Feel free to disagree.

 

[Bquat]

Thinking about going back to rectangle which is a consolidation pattern that we need to break out of the top. JMO: :suspicious:

I could be wrong here but I am playing with some things: :cheesy:

 

[Bquat]

I could be wrong here but I am playing with some things: :cheesy:

Playing with less things. Chart: :cheesy:

 

[Bquat]

First top tail with sign of weakness. Chart::blink:

 

[Bquat]

Downside confirmed and now to see if this is a little bull flag. I will redraw the flag after today's action: :blink:

 

[DreamboatAnnie]

Bquat, Thank you for sharing your charts and helping folks on this site. Great info!

Wishing you a very happy, healthy, peaceful and prosperous New Year!!! :smile:

 

[Epic]

YES !!! Love your charts and appreciate your insight as to what may be happening moving forward in the market. Thank you. :beerchug:

 

[Bquat]

Downside confirmed and now to see if this is a little bull flag. I will redraw the flag after today's action: :blink:

Redraw done. Is this consolidating sideways for a pop over the box. In a normal market I would think so but it may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. Just my guess and I have been second guessing too much lately: :suspicious:

 

[Bquat]

Redraw done. Is this consolidating sideways for a pop over the box. In a normal market I would think so but it may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. Just my guess and I have been second guessing too much lately: :suspicious:

I may be right. Close enough to a Topping Tail double top: :worried:

 

[Bquat]

It may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. It now is even starting to look like a flat top developing which could cause a big drop. Here's what I have: :worried:

 

[Buffalo_Nickle]

thanks for a year of exciting and well presented charts.

 

[Bquat]

It may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. It now is even starting to look like a flat top developing which could cause a big drop. Here's what I have: :worried:

Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:

 

[felixthecat]

Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:

Agree 60/40 downside action coming. F fund not good today. Staying put on the lili pad until I see decisive direction.

 

[Bquat]

Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:

Here's may be the big drop I was expecting but the buyers came in at my 18 DMA: :suspicious:

 

[Bquat]

Not looking good: :worried:

 

[Bquat]

It may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. It now is even starting to look like a flat top developing which could cause a big drop. Here's what I have: :worried:

So here's the big drop:

 

[Bquat]

Small gap is filled let's see if the botom of the rectangle holds again. Is my 50 day crossing my 100 day: :worried:

 

[Bquat]

Chart:

 

[Bquat]

My 50 day crossing my 100 day and a double top topping tails. This can't be good. Testing bottom of rectangle for support: :worried: