Bquat's Account Talk

[Bquat]

I projecting the new trend will clear the H&S pattern. We'll see, just wanted to beat the crowd. Brought to you by: LastTenMiniteCharts.com

 

[FAB1]

Im in all the way too

 

[Bquat]

I think you need to draft RGIII so you can get touchdowns quicker. Oh wait, I want him first since I played at the same high school he did......different era of course.......

You know I don't even watch football any more. I just seem that play calling and game plan seems to work when your cheering for the team. Thanks I'm Stalback era.

 

[Bquat]

Updated the current channel and did the midterm channel in white. The old 13 day supported channel is still orange.New High set and current channel held and I hope we go highbase here untill I'm 100% in but we can go up if the little flag works. The odds are this will turn into a high base. The 1% rod is still in effect.

 

[MaStA]

1420/1421 is putting up a fight...we need to break the resistance or I think tomorrow we will be going back down again to continue our up, down, up, down patterns.

Hopefully April brings us some positive things

 

[Bquat]

1420/1421 is putting up a fight...we need to break the resistance or I think tomorrow we will be going back down again to continue our up, down, up, down patterns.

Hopefully April brings us some positive things

You may be right. I'm showing a good high base here and if it holds a little longer we'll break upwards.

 

[FAB1]

You know I don't even watch football any more. I just seem that play calling and game plan seems to work when your cheering for the team. Thanks I'm Stalback era.

oh good Lord. Staubach please! the only football worth watching. Go Cowboys!

 

[Mapper]

Bquat, I'm going to put in another request some longer time-frame charts...when you get the chance, of course.

I'm curious how the orange and white channels and the recent blue line look in terms of the broader rally. Seems as though the slope could be tailing off and forming a bit of a plateau. Not going to call it a top, but flattening none-the-less. I'm guessing you/others would be interested too.

Thanks again for all your charting work. I really use it and appreciate it.

 

[Bquat]

AGG is diving. Maybe we go up now. Yes?

 

[MaStA]

AGG is diving. Maybe we go up now. Yes?

I hope so!

 

[Bquat]

Bquat, I'm going to put in another request some longer time-frame charts...when you get the chance, of course.

I'm curious how the orange and white channels and the recent blue line look in terms of the broader rally. Seems as though the slope could be tailing off and forming a bit of a plateau. Not going to call it a top, but flattening none-the-less. I'm guessing you/others would be interested too.

Thanks again for all your charting work. I really use it and appreciate it.

Sorry for the slow responce but I have Road Runner problems?

 

[Bquat]

Going for 1%. Only .5% for me.

 

[FAB1]

headed up yippee!

 

[Mapper]

Sorry for the slow responce but I have Road Runner problems?

Fast enough for me!

If we push back to the top of the orange channel I will rescind my plateau comment. Otherwise it does appear the tighter channel seen at the end of Feb is showing some flattening. This is really evident in the recent action on the 5 day. Still good volatility plays and the trend still IS marginally up, entry and exit points becoming more important.

Edit: BTW, Thanks again. I know I could start my own charting...and if I get more time I might. But you do a great job!

 

[Mcqlives]

Going for 1%. Only .5% for me.

Just a quick drive by heads up...I did some digging this weekend and started looking at the trend lines on the Nasdaq. I know you follow the SPX (as do I) but for some reason I was playing around with the retractment levels on the majors as well as transports and dollar. The nasdaq jumped out at me with it being right at the 50% retractment level from high to low. This could me a psychological market mover if nothing else...just wanted to point you towards another line of research that I, for one, rarely look at.

Good luck!

 

[Mcqlives]

Oh, and 1432 is my next line in the sand on the upside with 1402 being my bail to preservation line. If 1432 is broken 1440, 1453 and 1467 are the next points of concern.

 

[Bquat]

Well we set a new high for the C fund. I say that because our resistance showed in the S fund. See if I can chart that. I'll also give you my normal chart and also you'll notice I redrew the green channel's bottom above the red retraced lines. You now have a 1% channel. Can you imagine that?

The charts still seem bullish and I got in the other 50% cheeper because of the drop. Don't know if that's good or bad if we retrace to the bottom of the channel it's bad. Ok on to the charts.Have to open the pdf yourself.

 

[Bquat]

Oh, and 1432 is my next line in the sand on the upside with 1402 being my bail to preservation line. If 1432 is broken 1440, 1453 and 1467 are the next points of concern.

Looks about right.

 

[Sensei]

Thanks for the note in my thread. I checked out your W4500 chart. Looks like a nice inverse H&S over the last week. I'd like to see it plow through the resistance and hit a new high this week.

 

[Bquat]

Thanks for the note in my thread. I checked out your W4500 chart. Looks like a nice inverse H&S over the last week. I'd like to see it plow through the resistance and hit a new high this week.

The right shoulder is too far above the left shoulder. You need to draw the base line and it's too much slope to be symetrical with respect to the head. It did come down to it's own support though.