Bquat's Account Talk

[Bquat]

I said the market is too bullish. This can be an overreaction. I will watch today because this can cause a redraw: :suspicious:

 

[nasa1974]

Dang GAP's.

 

[Bquat]

Chart:

 

[Bquat]

Sorry for the late response. Redraw with shorted Longterm. I decided this wasn't an overreaction because of little selling. Chart:

 

[Bquat]

I have noticed the resistance spots from more than a year ago hasn't been effecting the market so I have deleted the one just above. I don't know if the Christmas Rally will continue but Spidey has the green rectangle at 60/40. So, I am neutral but not moving. Going with the new channels until I see weakness: Just my guess and I have been lucky. Dream Chart:

 

[Bquat]

Not seeing weakness. Chart






;

 

[Bquat]

Today's move may be a repeat and I have a question. Are we advancing ahead of schedule again? :nuts: I don't know.

 

[Bquat]

I did not stay at a Holiday Inn or eat my Wheaties. :notrust:

 

[rangerray]

In my opinion, it’s FOMO that will feed any further increase.

But, it’s still a BULL market.


Scott Harrison
Senatobia, MS

 

[rangerray]

Lance Roberts published this recent chart:




Scott Harrison
Senatobia, MS

 

[Bquat]

Is the little circles the bat signal? I am at breakfast right now.

 

[Bquat]

Not as big a buy as before but still good. Maybe I should have left the resistance line. My channels still are good. Chart:

 

[Bquat]

Chart:

 

[Bquat]

Looking for old resistance to hold as support. Waiting for 50 SMA to cross 100 SMA to have all shorter timeframes in order to be a Bull Market. Right? Chart:

 

[Bquat]

Don't know what happened? Back to square one as top of gap is support:

 

[Mcqlives]

NBC news story hit about that time stating that Xi told Biden Taiwan was going to rejoin China.

 

[Bquat]

Well maybe it was overreaction to the news yesterday. The coin is in the air if this is a top or a consolidation. I think 60/40 we are consolidating but that's just me. Still watching for the crossover: :cheesy:

 

[Bquat]

Little concerned about the double top. Slight test of the top of the rectangle as support. The crossover should be Monday. Breakout?

 

[Bquat]

Just a heads up. Even with the selloff we are still ahead of schedule (Blue Line):

 

[Bquat]

Showing two things here. We are ahead of schedule and a rising 200 SMA: