Bquat's Account Talk

[Bquat]

Sorry for the late response. I was out of pocket. Well, the convergence of moving averages continues and no gap up as I was hoping for. A small Bull Flag is forming. Too bad it's on a Friday. Chart:

 

[Bquat]

Zoomed out for Longer-term Chart: :blink:

 

[Bquat]

I don't know but can this be a slightly tilted consolidation. I can't figure the news. Chart: :suspicious:

Need something soon to stop the downwards convergence (Pink Rectangle). :worried:

 

[Bquat]

I don't know but can this be a slightly tilted consolidation. I can't figure the news. Chart: :suspicious:

Need something soon to stop the downwards convergence (Pink Rectangle). :worried:

Bull Flag was good. Best thing is the move up without a gap to fill. Chart:

 

[Bquat]

Midterm adjusted to the better-than-expected move. At the lower high line already. Chart:

 

[tsptalk]

A small Bull Flag is forming.

That flag worked. :fing02:

 

[Bquat]

Yes, the Bull Flag worked but I don't like the top tail. I moved the convergence Rectangle to show the top tail and that we are below resistance. Chart: :worried:

 

[tsptalk]

Yeah, not a great close, but there is a small open gap that may need filling.

 

[Bquat]

Yeah, not a great close, but there is a small open gap that may need filling.

Yes gap is filled. Maybe this isn't weakness but a sideways consolidation to build strength. Chart:

 

[Bquat]

Yes gap is filled. Maybe this isn't weakness but a sideways consolidation to build strength. Chart:

Theoretically my theory is weak. Redrew Midterm slightly. Chart: :blink:

 

[Bquat]

Theoretically my theory is weak. Redrew Midterm slightly. Chart: :blink:

Sideways consolidation continuing, Chart:

 

[Bquat]

We had a breakout yesterday and confirmation today. I wish it wasn't with a gap to clear the moving averages. Did make up my June losses, MAYBE. I am happy. Chart:

 

[Bquat]

I will try to figure a July chart after the close.

 

[Bquat]

Working on July chart and a little worried with the topping action right now. July Chart

 

[Bquat]

Beleve it or not gap was filled. July Chart:

 

[Bquat]

Beleve it or not gap was filled. July Chart:

Yep gap is really filled. Hope we are finding support. Chart: :worried:

 

[Bquat]

Trying to find support. Chart: :blink:

 

[Bquat]

It was looking more promising this morning but selling off. Moved red resistance line down a little to show top tails. Only good news is no gap to fill. Might develop a shorter sideways Midterm:

 

[tsptalk]

It was looking more promising this morning but selling off. Moved red resistance line down a little to show top tails. Only good news is no gap to fill. Might develop a shorter sideways Midterm:

Hopefully it is just filling the gap.

How come your chart shows the June 12 candlestick as positive - which to me means it closed near 2030. Mine shows it as negative with a close closer to 2020?

I like yours better because it means there's a gap open near 2030.

 

[TommyIV]

I think Bquat's candles are just signifying whether the index was up or down for the day, where yours are colored whether they were up or down from the opening price.