Bquat's Account Talk

[nasa1974]

Well at least the gap has to be filled by green candles.

 

[tsptalk]

It was a scheduled shake out.

I'd say the JOLTS report had something to do with it but the decline came before that was released.

 

[Bquat]

Can we go up as fast as we went down? Testing a light support line. Maybe it will hold. Chart: :blink:

 

[Bquat]

Maybe I am watching too short of time frame. So, I relaxed back the Midterm to a longer time frame ​if the higher low holds. April Chart: :cheesy:

What you think?

 

[Bquat]

OK, that didn't last long. Probably the market realizing the rate cutting is probably a political lie. Inflation was up. Let the dip buying begin. Chart: :worried:

Wonder what they'll have Powell say today. :suspicious:

 

[WorkFE]

Wonder what they'll have Powell say today. :suspicious:

Economy is booming, everything is great. Economic conditions are better than ever.
Seriously folks, its not like we are Afghanistan with a -20% GDP.
Not to mention, all you folks on this website can afford higher prices. Shut up and color. :laugh:

 

[Buffalo_Nickle]

"Political Lie", Gee, that is gonna hurt some feelings.

 

[Bquat]

Ok something was just said right

 

[Bquat]

Spark Gap is a gap in both directions. Tested slight support from above. I can't remember how a spark Gap is handled in this direction, but I think it's a fill later thing. Chart:

 

[Bquat]

I like dealing with the more relaxed Midterm.

 

[nasa1974]

I'm thinking that spark gap got filled.

 

[Bquat]

OK, that didn't last long. Probably the market realizing the rate cutting is probably a political lie. Inflation was up. Let the dip buying begin. Chart: :worried:

Yes the second FED guy didn't get the talking points memo like Powell gets. So he said the truth that there isn't going to be rate cuts. I had to 180 my Midterm because of the reaction to the news. :nuts:

Maybe the Longterm will save us. :blink:

 

[Bquat]

I am at the eye doctors so no chart this morning

 

[mmk119]

you didn't just draw a longer term down trending channel did you? :worried::blink:

 

[Bquat]

Yes the second FED guy didn't get the talking points memo like Powell gets. So he said the truth that there isn't going to be rate cuts. I had to 180 my Midterm because of the reaction to the news. :nuts:

Maybe the Longterm will save us. :blink:

Yes, I think the market over reacted. The Longterm held. Chart:

 

[Bquat]

I am not showing gap because of previous topping tail. Testing for light support. Chart:

 

[Bquat]

Becoming a little weaker than expected. Playing with Midterm Neutral: :cheesy:

 

[nasa1974]

It might be weaker but at least it's green.

 

[Bquat]

Fascinating :smile:

 

[Bquat]

Becoming a little weaker than expected. Playing with Midterm Neutral: :cheesy:

Trying to stay Midterm Neutral: :blink: