Bquat's Account Talk

[Bquat]

Yes I do.:smile: I also have to look in longer time frame if it would be best to make Midterm Longterm and recent activity midterm or delete recent activity if Midterm still looks feasible.:nuts: I'll figure it out.

Looks like current channels may be OK::smile:

 

[Bquat]

Funds:

 

[Bquat]

Others:

 

[Bquat]

Now you guys tell me? How long will this sideways consolidation (Bull Flag) continue? Is it going to find support at - 7%::nuts:

 

[ravensfan]

Nice to see the S Fund close above the 18 day moving average. Still a long way to go before we take out the April high though.:smile:

 

[Mcqlives]

I like your numbers better....but only see the 2124 resistance. I think you may be high on the other two points. I think we will know one way or the other by monday.

 

[Bquat]

Dust dust. OK, is AGG in trouble? Will the bottom line hold?:suspicious:

 

[Bquat]

I like your numbers better....but only see the 2124 resistance. I think you may be high on the other two points. I think we will know one way or the other by monday.

So, what do we know?

 

[Mcqlives]

So, what do we know?

I'm not sure still....I was tied up this morning and jsut had time to glance at some charting right now....the 2129 has me worried if we have any down side action this afternoon. That data point is an odd-ball adding to the already weird pattern and makes me think short term inverted head and shoulders (27th to now). That is not very probable at this point but it is something to watch. I am still fingers crossed that we are going to break out to the upside going into the summer months but this market still doesn't make sense to me most days.

 

[Mcqlives]

So, what do we know?

OK! Now we know that you were right more than I was. We both pegged the 2124 but you got the support lines way better than I did. And the good news is that we broke through into the 2134 range which means the shorts finally (took them from the 8th to now) got the range covered. I had a line drawn at 2133 as needing to be taken out and I am not sure we got over it enough to keep going. If we do, your upper midterm is now within reach and should (I hope) be the next line of resistance going up!

 

[Bquat]

OK! Now we know that you were right more than I was. We both pegged the 2124 but you got the support lines way better than I did. And the good news is that we broke through into the 2134 range which means the shorts finally (took them from the 8th to now) got the range covered. I had a line drawn at 2133 as needing to be taken out and I am not sure we got over it enough to keep going. If we do, your upper midterm is now within reach and should (I hope) be the next line of resistance going up!

Need to watch that level as resistance becoming support. Did not like the shooting star Doji EOD. We may have tried to go for new highs too soon after the move up.

 

[Mcqlives]

Need to watch that level as resistance becoming support. Did not like the shooting star Doji EOD. We may have tried to go for new highs too soon after the move up.

I agree...but at least all the trend lines are still going in the right direction! Hopefully earnings stay OK to good.

 

[Bquat]

I have lightning in the area so I'll post now. Spidey has a pulse for the S Fund can we trust it.:suspicious: The funds:

 

[Bquat]

Are we bullish or is this a low volume drift up pre-holiday? more:

 

[Bquat]

Now the Dow Jones Transports is usually a leading indicator. I think it is representing the economy while the other markets a going up because the slow economy decreases the chance of higher interest rates. The Transports can cause a larger sell of when it happens. So whats up with Markets setting new highs while Transports are setting lows?

 

[Bquat]

My charts are a little bullish because things seem a little bullish but that doesn't mean that I not a contrary indicator.:nuts:

 

[Bquat]

Ok talky you will, yes?

 

[Bquat]

Came back home from breakfast and decided to go with brighter color to show the Pulse of the Market on the S Fund. I couldn't see it well on my phone. I was tring this style instead of a ladder. 60 / 40 chance to rung 4. This was from Spidey::suspicious:

 

[Bquat]

Please comment if you disagree.

 

[Whipsaw]

Please comment if you disagree.

So far, so good (I know, I'm agreeing... its too quiet in here)