Bquat's Account Talk

[Bquat]

Nice bottom tail at the bottom of Spidey's box but we still closed lower (red line). Still not a bottom forming but less selling. So. watch and see mode and I'm still 60/40 bearish but again that's just me: :blink:

Spidey's worst-case is moot. Little surprised gap only partially filled. Little bit larger down candle confirming the fear of inflation/rate hikes is real. You know if rate hikes continue it could end the housing bubble again like 2008 so keep an open eyes. I drew a blue line so I had to label it as a bottom (but it's not the major bottom) we can bounce on. I'm still 60/40 Bearish and that not just me: :worried:

 

[Bquat]

Ok, I expanded the Spidey box with the gap fill. The red line held as resistance. No move for me because we see this pump just before the deadline and then dump. I don't know what to tell you but me I'm still slightly bearish as always: :blink:

 

[Bquat]

That's why this is a free service because this is a guess system.

 

[Bquat]

Ok, I expanded the Spidey box with the gap fill. The red line held as resistance. No move for me because we see this pump just before the deadline and then dump. I don't know what to tell you but me I'm still slightly bearish as always: :blink:

Yeah what he said but it started early: :suspicious:

 

[Bquat]

We see some green, but will we get follow through? Channel still good and bottom of gap held: :blink:

 

[Bquat]

This is looking better and is tempting but with the TSP closing in 13 days for a week I don't want to be stuck in stocks. I am watching the W circle at the lower low line and the bottom of the longterm. I have failure to engage below the DCB line. We now have a gap below, but I don't think it's a problem because we didn't fill them on the last time going up. I don't want to influence because I am 60/40 bearish in my own mind and could be wrong so if you think something say something: :cheesy:

 

[Bquat]

Today looked really good. It dropped back down to the lower low line which acted as support and rose back up. Too much to do about what TSP board is going to do and when has me wondering. Watching DCB line as resistance and if the direction of the longterm channel continues. Is this relief rally real? I don't know::blink:

 

[Bquat]

No move for me. I don't want to be in anyway with the TSP week shutdown. The market is too volitile to take a chance of being stuck in it. I will do chart:

 

[Bquat]

I do another chart. Bearish pullback (bear Flag) until over DCB line. 60/40 not a "V" bottom: :notrust:

 

[Bquat]

Chart:

 

[Bquat]

Don't know what happened just a little while ago but it made my DCB line relevant again. Maybe yesterday was overbought trying to lure people in. Chart: :worried:

 

[Bquat]

Don't know what happened just a little while ago but it made my DCB line relevant again. Maybe yesterday was overbought trying to lure people in. Chart: :worried:

Now I'm wondering if the longterm is relevant again also as it held as support both down days. Somebody told me top tails can be part of gap fill so I moved the midterm slightly to show it:

 

[Bquat]

A "W" pattern would be nice off the worst case, but I don't know if it will happen in this environment.

 

[Bquat]

Now I'm wondering if the longterm is relevant again also as it held as support both down days. Somebody told me top tails can be part of gap fill so I moved the midterm slightly to show it:

The longterm holds again as the gap is refilled again. I do worry about the sizzle and fizzle in the gap area. Is it an up and down movement where neither side wants to comit so far this morning: :blink:

 

[Bquat]

Longterm Channel still holding. I'm 60/40 bear flag until it gets over DCB line. Free guess chart: :cheesy:

 

[LTJPFED]

Move back to the top of the descending channel? Think that's my guess. Who knows from there. We've hit it at least twice, maybe 3 times, I'll have to go look. C Fund same deal. That's another reason I moved the other day back to G fund because thought we would drop down to the lower part of the descending channel. No it's not that simple but when we are in a downtrend or bear market maybe that's stuff we have to look for. I ended up moving the day before the drop so I got lucky. Might not be able to stay in these moves for a few weeks or more like we did when the markets were just going up all the time. Now it feels like if we get some small gains it is a win. Not really I guess but just feels that way.

I did like your idea of a V shape but then we dropped, now is looking more like an odd W shape, think maybe this might play out like it did back in March. Still think we are channel bound a while longer, we keep dropping so the range of the channel will drop too. Figuring out when it is going to punch through to the top or bottom is going to be a bit more challenging.

Keep those charts coming, love them.

 

[Bquat]

Longterm Channel still holding. I'm 60/40 bear flag until it gets over DCB line. Free guess chart: :cheesy:

Bear Flag breaking or sideways consolidation. Only the shadow knows: :blink:

 

[Bquat]

Longterm Channel still holding. I'm 60/40 bear flag until it gets over DCB line. Free guess chart: :cheesy:

Yes. bottom of the channel held and enough buy back into the bear flag:

 

[Bquat]

Sorry I wasn't around for the morning chart. EOD chart is still in a bear flag in my opinion. Decided I wouldn't even think of getting in before the TSP shutdown and be locked in: :notrust:

 

[Bquat]

Sorry I wasn't around for the morning chart. EOD chart is still in a bear flag in my opinion. Decided I wouldn't even think of getting in before the TSP shutdown and be locked in: :notrust:

Fell below the Bear Flag this morning. Playing with Midterm again now as the bottom half of the Longterm. This is a Spidey sense alert 60/40 Bearish: :worried: