Bquat's Account Talk

[Bquat]

For in the morning. Nothing really bad happening here but this is only a preliminary Midterm channel. I think 60/40 the blue line holds with the 18 DMA right there. We'll see if the news is baked in:

 

[Bquat]

For in the morning. Nothing really bad happening here but this is only a preliminary Midterm channel. I think 60/40 the blue line holds with the 18 DMA right there. We'll see if the news is baked in:

I was wrong the news wasn't completely sold yet. Even popped past my 50 DMA. Spidey alert: :worried:

 

[Bquat]

Going with this untill I see an indication of improvement: :worried:

 

[Bquat]

50 DMA tested as resistance from below. Me, I am hoping blue line holds. Spidey is bottom black line: :worried:

 

[Bquat]

50 DMA tested as resistance from below. Me, I am hoping blue line holds. Spidey is bottom black line: :worried:

I was surprised with the buy back so I moved the blue line. Here's what I have and it may be a bullish move or PPT action: :suspicious:

 

[Bquat]

Normally I would say this is a Inverted F Flag which is bearish until it breaks. I think 50/50 that's it's a market in denial grasping to hold on. Spidey thinks 50/50 too so we'll see: :blink:

 

[Bquat]

Normally I would say this is a Inverted F Flag which is bearish until it breaks. I think 50/50 that's it's a market in denial grasping to hold on. Spidey thinks 50/50 too so we'll see: :blink:

Still relevant. Chart: :blink:

 

[Bquat]

Not looking too good here. Looks like Spidey was right with black line: :worried:

 

[Bquat]

Longer top tail today: :worried:

 

[Bquat]

Big test of my 50 DMA from below as resistance. Angled the Midterm Channel a little more. It fell back below it while I was redrawing it. So, let's see if this maintains as another top tail: :worried:

 

[shitepoke]

BQ...whats spidey thinkin' for today. DCB after filling gap? looks like a serious fight...EJJ

 

[Bquat]

Top tail after false move up: :worried:

 

[Bquat]

Is this sideways consolidation preparing for a bigger move or just a continuation pattern before continuing down? I don't know. It could be traders are just in a limbo trying to see which way to go. Spidey is still 60/40 bearish but we are at the level he was thinking before: :blink:

 

[Bquat]

So no move for me still 100 G.

 

[Bquat]

Another 50 DMA test. Double top below the gap Made a Midterm Box. Early chart: :blink:

 

[Bquat]

No move for me. Chart: :worried:

 

[Bquat]

My 50 DMA is acting stronger as resistance than normal and the consolidation to pop is a little weaker. Bottom half of box technology for Friday: :suspicious:

 

[bleeck]

No Friday action, market closed for Good Friday.

 

[Bquat]

No Friday action, market closed for Good Friday.

Allrighty then coffee time

 

[Bquat]

My 50 DMA is acting stronger as resistance than normal and the consolidation to pop is a little weaker. Bottom half of box technology for (Friday) Monday: :suspicious:

Bottom of the box level created dip buying. Was at the dentist getting a cleaning so I wasn't around for the news that may have reversed this direction all of a sudden. But it does verify my Black channel: :notrust: