Bquat's Account Talk

[Bquat]

Spidey is winning the argument and new Longterm channel is already broken
Two years of market action is almost erased:

Not looking good as buyers don't pile on to buy dip: :worried:

 

[Bquat]

Yes support seems to be holding but with my Queen"s funeral being over the British will release the hounds on inflation concerns: JMO :worried:

Another free chart from my guess what's yours? :cheesy:

Had this on September 20 and the pound is dropping and European concerns are mounting:

 

[Bquat]

Topping tail and closing at the low is showing rejection to the dip buy:

 

[rangerray]

As soon as "they" flip the switch everyone will buy at once. :laugh:

 

[Bquat]

Chart: :notrust:

 

[Bquat]

Changed Midterm channel a little Chart: :blink:

 

[Mcqlives]

That gap and your spider lines matches what I am thinking. I just don't think filling the gap is necessary before we go down more. Good fortune to those in this market!

 

[Bquat]

Playing with new Midterm possible Bear flag: :blink:

 

[Bquat]

Playing with new Midterm possible Bear flag: :blink:

Well there went my theory, I don't know why the buy??? Gap is filled:

 

[flalaw97]

Looks like the dead cat bounce was right on?

 

[Bquat]

With the gap fill is there anything to pull us back up? Is this a sideways consolidation before another drop? Now days only the shadow knows is Spidey the shadow: :worried:

Why the buy yesterday and is today the trap being closed?

 

[LTJPFED]

IMO algos stepped in and bought the sell off, traded up and filled gap yesterday with the DCB. Now the reverse. Not sure there will be anything other than support/resistance levels to bounce us around for a while longer. Your box is spot on. Great charting Bquat! Keep up the great work. Hopefully we can see things in advance but in this market things do crazy things and usually the opposite. But looking at some of these charts this morning I agree and think we are in this sideway consolidation. Building up for another leg one direction or another. Maybe things don't move in that direction until next week. IDK. Just talking out loud lol.

 

[Bquat]

Tomorrow we will see if we resume the longterm channel or the sideways consolidation or both: :blink:

 

[LTJPFED]

If we could break up out of the sideways consolidation and the down channel maybe we could trade back to the 18. Of course maybe that is asking a lot in this environment lol. Saying some prayers!

 

[Bquat]

Tomorrow we will see if we resume the longterm channel or the sideways consolidation or both: :blink:

Sideways it is: :cheesy:

 

[Bquat]

Tomorrow we will see if we resume the longterm channel or the sideways consolidation or both: :blink:

Never mind Both: :worried:

 

[Bquat]

I think I will leave the chart the same for October:

 

[Bquat]

The question is: Will my September surprise continue in October? Chart: :blink:

 

[Bquat]

Sideways consolidation continues and rectangle is proven valid: :cheesy:

 

[nasa1974]

Sideways consolidation continues and rectangle is proven valid: :cheesy:

No gap in the rectangle. That's a good thing, isn't it?