Bquat's Account Talk

Little Bear flag. I will put back the red line if we get below it again. I am trying a bottom here but don't know if the Fed move is figured in yet: :notrust:
Looks like the Fed move was figured in: :blink:
 

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Yeah, that was pretty uneventful..... But didnt this same thing kinda happen around May 4th when they did .50?? My date might be wrong, I'm not sure. It went up right after the hike, but then gave it back and then some the next day, and kept going down for like 5 days strait. Should be interesting to see how things play out over the next week or so. :scratchchin:
 
Futures this morning are looking fugly.

Yeah, that was pretty uneventful..... But didnt this same thing kinda happen around May 4th when they did .50?? My date might be wrong, I'm not sure. It went up right after the hike, but then gave it back and then some the next day, and kept going down for like 5 days strait. Should be interesting to see how things play out over the next week or so. :scratchchin:
 
I will probably redraw the midterm tomorrow. I hope this is an exhaustion move and not an acceleration of selling but Spidey is 60/40 with the catfish thingy. Just me guessing here because I have become an untrusting person on this current market
Catfish thingy is happening and gap below is filled. Spidey is again correct and even though I had a bear flag I was hoping it was a bottom forming: :sick:
 

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AQkUH5nwHejaAAAAAElFTkSuQmCC


And demonic... :eek:
Futures this morning are looking fugly.

Loved Fugly, been a while since I heard that one!
 
Comments are welcomed here. Does anyone think this is a longer-term inverted F Flag which is bearish until it isn't? With the gap filled and with Spidey's level reached that we bounce here. Just asking because being a bearish person I look for the worst. :notrust:
 
Who knows anymore. Markets do opposite of what I think anyway. But I agree with the lower gap filled maybe we see a small bounce tomorrow or early next week. But then I think we keep going down. Maybe my opposite thinking will be the correct way OR maybe the market will go the direction, at least in the short term, of the direction I say it will go. So let's see, I think the markets will continue down, but in my heart I want it to go up in the short term so we can maybe get out of this funk and get some green out there.

So I'm saying the markets will go down.....hoping they go up lol. I'm sure you follow. ;)
 
I got almost double my 150 point drop on the SnP from my "start sniffing" point. With the feds .75 and today's drop I will start looking for an entry. Maybe next week to dip some into the market. I think we could see a floor develop over the next week or two, then have a choppy summer before another fall before the midterms. Just guesses and the charts on here and DBA will guide me to when but I hope there is light at the end of the tunnel...finally.
 
Catfish channel confirmed to be correct. I am concerned that the bottom wasn't bought after the gap fill. I feel a little bearish because of this. New Longterm Chanel: :cool:
 

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Looking better but I am noticing top tails on the green candles. This is showing dip buying is being sold off: :blink:
 

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So I was able to re-setup my TSP account and luckily I had established my cell phone number previously. They had me lengthen my password and was able to get confirmation number to my existing number. Had to do new security questions and my beneficiary was still good. Was concerned about TSP check being late but got new emails that it was on its way. Today it was available in my account. :cool:

I have not tried an Interfund Transfer and will not make one today. :notrust:
 
Looking better but I am noticing top tails on the green candles. This is showing dip buying is being sold off: :blink:
See the two little red lines? Rinse and repeat: :worried:
 

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We know the gaps get filled. I'm ok with a slow climb up to fill them. I have just less than a year and a half to get close to where I was at the beginning of 2022 before I transfer all my TSP account to my outside 401k.
 
Two green days in a roll. I don't know why. You tell me. :blink: Are we there yet? This is a bear flag until the red line is broken. I did make this level my Dead cat Bounce line. So, do you trust this? I am 60/40 bearish but that's just me: :suspicious:
 

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IMO, this is capitulation buying. I could be, and probably am, wrong on this but I just don't see any data to say that a short/intermediate term bottom was hit last Thursday.
 
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