Bquat's Account Talk

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Danny said:
How about doing a chart on the Wilshire 4500 (S Fund) ???

Danny
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I would love too but what I use only goes 5 days. I just got used to the S&P charts even though I in the S fund. When I switch over to a different chart, I lose my lines that I have laid out.:embarrest:
 
Bquat said:
I entered 40C and 60S. Going with 20 day supported channel for now.
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Hey buddy! I haven't had a chance to post lately but did enter along with you (except I went 100% S:blink:). Hoping that 1760 is the new floor and we are on a climb to the 1826ish area.
 
We are a little ahead of schedule and need some sideways action here. The F flag is bullish until it's broken but I want to transform into a high base. With the rising 5 day arriving at the support line, risk may be 1% short term. We have almost a whole box to move sideways in.:)
 
Bquat said:
We are a little ahead of schedule and need some sideways action here. The F flag is bullish until it's broken but I want to transform into a high base. With the rising 5 day arriving at the support line, risk may be 1% short term. We have almost a whole box to move sideways in.:)
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Still ahead of schedule. Approaching IH&S prediction and wandering if I want to protect my almost 2% gains? Now calling what it is Yellen's Ladder. Looking real good here.
 
Not really showing any weakness, I think we'll pop soon with people jumping in before they take off for the weekend.:D Any takers?
 
Bquat said:
We are a little ahead of schedule and need some sideways action here. The F flag is bullish until it's broken but I want to transform into a high base. With the rising 5 day arriving at the support line, risk may be 1% short term. We have almost a whole box to move sideways in.:)
Click to expand...
The F flag is bullish until it's broken
 
Bquat said:
Not really showing any weakness, I think we'll pop soon with people jumping in before they take off for the weekend.:D Any takers?
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In regards to the S&P, how much resistance do you expect at the psychological 1800 point? Will we 'pop' thru, or get a pull back? Today, it looks like it is approaching 1800 very tentatively. :suspicious:
 
uscfanhawaii said:
In regards to the S&P, how much resistance do you expect at the psychological 1800 point? Will we 'pop' thru, or get a pull back? Today, it looks like it is approaching 1800 very tentatively. :suspicious:
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Out of pocket right now but you can watch the Orange channel for resistance. Have more later.
 
Bquat said:
November 13 Here's a four channel multi-view chart. The 11 day supported (spidey) channel shows the inverse H&S shoulders and base. The orange shows the 20 day supported channel. The purple is the 50 day supported longer term channel and where we're most likely to max out. The white channel is the (too bullish) Birch train channel. 1800 is predicted, 1794 is more likely and 1764 is possible. Todays action cleared up some of the risk longer term but as always it's always there at the 50 day. The bonds bubble may burst and no where to go but equities. Disagreement is welcomed because I am too bullish.:blink: I could take out the spidey channel for a clearer picture if you want.
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I missed it by that much! 1798 :D
 
Long Term: Just broke out above a F flag which is bullish until it breaks downward. Bullish:)
 
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JimmyJoe said:
Nice charts. Thanks for your technical expertise.
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Was expecting more comments because all charts predict a pop scenario. We have midterm and long term above resistance and broke above two bearish patterns. How do you like the ladder?
 
Bquat said:
Was expecting more comments because all charts predict a pop scenario. We have midterm and long term above resistance and broke above two bearish patterns. How do you like the ladder?
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I like it, the ladder. It's not the only chart that I've seen showing a pop. Elsewhere, in another read, another link, charts are showing a similar rise in the markets. You are "spot on" with your estimations. Again, I appreciate your charts and those prepared by others on this forum, especially since I've learned how to read them, for the most part. This, and with a firm belief that the markets have a lot of room to grow, is making me more money than I've ever made before this year. Can't wait for 2014. I know how/when (mostly always) to stay in the markets. It's pretty easy when you've got nothing to lose. Timeing the market in the previous decades has only brought me mediocre gains. Last year at this time, I put all my chips on the table, which weren't many, and keeping them there, I did very well for 2013. Thanks everyone on this board. It is like a family. Happy holidays and when in December, Merry Christmas to all. Everyone get healthy. Eat less processed foods, little sugars (try stevia from a whole foods store like "vitamin cottage." Stretch. Eat salads. Fruits and veggies are very filling. Add a little meat for seasoning. Drink a little apple cider vinagar and take some vitamin B, C, D3. Unrefined coconut oil is good for the skin, taken in small amounts internally and applied to the skin. Till the next time I write, so long folks. Man did I get sidetracked, again.
 
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Even though I'm expecting a pop and more gain, I am proposing a double exit strategy. Capitol preservation for either direction. Either way I have Dec 1 to reenter. Big pop could persuade me otherwise. Changed risk to 1740 / 1809 gain.
 
I should of had the exit purple as I was saying my exit may be 1806 - 1809. I don't want to wait for a touch and drop. The movement around the next rung is more important to me that the orange line. So anybody have ideas about short term risk at the orange line?
 
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