Bquat's Account Talk

[Bquat]

Yes I stand corrected but the description was right. Inverted F Flag is bearish until it breaks out above. I am not going to use an IFT on this last trading day of December as the downside continues and I am still overly cautious but that's me this year: :embarrest:

Inverted F flag continues into new year: :worried:

 

[Bquat]

The complete rejection of today's buy has changed my outlook. I was thinking buy in with follow through. Now I don't know? January chart: :suspicious:

 

[Bquat]

January Chart with play lines: :blink:

 

[Bquat]

January Chart with play lines: :blink:

Chart:

 

[Bquat]

January Chart with play lines: :blink:

For my play lines to work tomorrow needs to be a down move. Just me guessing: :cheesy:

 

[nasa1974]

This morning's opening is encouraging for your play lines, but I hope by the end of the day your lines are wrong.

 

[Bquat]

For my play lines to work tomorrow needs to be a down move. Just me guessing: :cheesy:

Just me guessing right. Showing the blue line is shoring up as support but I darkened the play lines anyway:

 

[Bquat]

Just me guessing right. Showing the blue line is shoring up as support but I darkened the play lines anyway:

Not much change. Chart: :blink:

 

[Bquat]

Well today's action has proven my shorter Longterm Channel wrong, and I moved my Dead Cat Bounce line up. Haven't decided if this is a rising channel forming:

I still have guessing problems :cheesy:

 

[Bquat]

Ok, I can be bullish for a day. Highlighted channel and hid consolidation box a little with DCB line as support:

 

[Bquat]

Ok, I can be bullish for a day.Highlighted channel and hid consolidation boxa little with DCB line as support:

Wow maybe I missed the move? Part way through gap fill and continued buying over the moving averages. I may have to just watch because I missed it: :embarrest:

 

[Bquat]

Well, I am neutral but not sure of an entry right after a big pop up. Is it just me that doesn't trust? No move today looking for a good support line to hold before entry but that's just me? My line:

 

[Bquat]

Well, I am neutral but not sure of an entry right after a big pop up. Is it just me that doesn't trust? No move today looking for a good support line to hold before entry but that's just me? My line:

wow weaker than it looked. I was even thinking a little bullish but neutral with my thought of entry. So, let's watch the blue line and I will line up Midterm Channel with tomorrows move:

 

[Bquat]

wow weaker than it looked. I was even thinking a little bullish but neutral with my thought of entry. So, let's watch the blue line and I will line up Midterm Channel with tomorrows move:

Going with this so far and it's just barely positive: :blink:

 

[Whipsaw]

Bquat, love the charts. There has been discussion re. the 200 DMA as a primary indicator of the bear market (being below that, acting as resistance). Would that be something you might include in your chart?

 

[felixthecat]

This old investor says we trade the range this week. Minus the FED we break positive on inflation news before we sell off. Could we reach S&P 4000? I say it is possible but then we break to the downside. Going with gut we hit bottom March or April timeframe. Gotta have a plan I think.

 

[Bquat]

Went back to my previous Midterm Channel. I couldn't add the 200 DMA. Chart only lets me have 3 for free. Things turned out to be more bullish than I thought. So my guessing may be poor: :embarrest:

 

[Bquat]

I definitely have no idea what is happening: :embarrest::embarrest:

 

[Bquat]

Are we there yet? I missed the whole move. I have a Evening Star Doji: :blink:

 

[felixthecat]

The drop in the VIX implies we can still move up to the S&P 4000 level before dropping like a rock. I got out today though…January return was just to good to ignore.