Bquat's Account Talk

[Bquat]

It still is showing weakness and still can be sideways consolidation. I drew a simpler chart until direction or support is found: :notrust:

 

[Bquat]

I really don't want to give up on my box trying to get a bottom. I am still 60/40 neutral but Spidey still wants me to be careful because of Gap City is just below. We need some buying now: :suspicious:

 

[Bquat]

Wow good afternoon buy. Back in the box and longterm channel top. Direction not determined yet:

 

[Bquat]

Things are looking good today but no move for me yet. I guess i'm inside the box guy::cheesy:

 

[Bquat]

Just not seeing a big follow through that would show heavy buyers jumping in. Remember I may still be too bearish for my own good::suspicious:

 

[Bquat]

Wow, don't know what caused it but late afternoon buying popped out of the box. So, I may have been wrong. What caused it:

 

[Bquat]

Never figured out what happened late yesterday to cause the rally. Today I'm a little surprised my little red line is holding. Feeling a little more neutral but undecided as we are overbought. Eyes open:

 

[DreamboatAnnie]

Not 100% sure what happened yesterday. My hunch is end of month repositioning during past two days of January. Also, folks want to get in for first few days of new month as it often goes up if economic numbers are good (manufacturing and services). This week also have earnings by some big tech companies. But the biggest reason is that the dollar dropped.

Will see how rest of week goes. I am exhausted with the market and exited to safety of G because I gained some losses back and want to lock it in and I still think market will continue in overall downturn. Who knows....Best wishes to you Bquat! Congrats on avoiding the January drop. :smile:

 

[Bquat]

Things are looking better to me. Could still be a bear flag. I was considering a partial entry but seeing old support as resistance being so close I decided not to enter. I am thinking 60/40 the 50 day / R 2 combo will hold as resistance: :suspicious:

 

[Whipsaw]

Maybe we climb the worry wall back to December highs?

 

[Bquat]

Lot of snow here. Chart:

 

[Bquat]

Sorry for the late post. I had to cancel an appointment and call several bowlers to cancel bowling today.

 

[Buffalo_Nickle]

No 900 series today?

 

[rangerray]

I'm guessing the S Fund settles around 1906 today

 

[Bquat]

Doing chart tonight so if i get busy in the morning. Adjusted Midterm Channel for today's higher low. Will it hold? :blink:

 

[Bquat]

Today's action is a coin toss on my Midterm holding: :blink:

 

[Bquat]

February Box. Trying to build some strength for 18 Day fight? Chart::blink:

 

[Bquat]

February Box. Trying to build some strength for 18 Day fight? Chart::blink:

Two tries this morning on my 18 DMA and still holding as resistance. I am kind of surprised how strong it is. 50 DMA is approaching R2 which will make it stronger resistance. February box is still a trading range: :blink:

 

[Epic]

 

[Bquat]

Ok what just happened