Bquat's Account Talk

[Bquat]

Might just be a Dead Cat Bounce off over reaction to the news.:worried: Would be nice to build some strength before filling the gap:

 

[Bquat]

Waiting for things to calm down so staying 50S 50G. VIX CBOE::worried:

 

[Bquat]

Found out I can do 3 EMA's. Drew in 200 EMA. Now we can see the slopes better:

 

[Bquat]

200 EMA tested from above as support.:smile:

 

[Bquat]

Second half of the day had a lot of volatility (Ups and downs). Tested bottom of Longterm Channel and got back above 20 EMA. So between the 200 EMA and the Dead Cat Bounce line could become the Short or Midterm Channel::cheesy:

 

[Bquat]

Trying to ignore the news spike in the VIX::cheesy:

 

[Bquat]

Pop downward and now filling it's on gap. Might be a bottoming move. No move for me staying 50S 50G. Channel holding:

 

[Bquat]

So, is today redefining the Midterm Channel?

 

[Bquat]

Swing in the VIX same as Friday but a little better result. Just below Danger level:

 

[rangerray]

So, is today redefining the Midterm Channel?

I hope not. I'm counting on a return to the top of the long term channel. I don't have anything to base it on other than the last two days likely sucks in the dumb money and momentum takes over for the next few days. Oh, and we can't forget.......that upward trend!!

 

[ravensfan]

The trend is your friend...

 

[tbx1203]

The trend is your friend...

Until it's not and you get slammed.

Sent from my Pixel 2 using Tapatalk

 

[Bquat]

74 on the autotracker a big surprise to me. I must be guessing right or Spidey sense saved me.

 

[ravensfan]

Until it's not and you get slammed.

Sent from my Pixel 2 using Tapatalk

 

[rangerray]

So, is today redefining the Midterm Channel?

I'm thinking the 1436ish area would be a nice place to get out. Probably a lofty goal for today, but crazier things have happened.

 

[tbx1203]

No just being realistic. I was bullish a few weeks back, but sometimes you need to realize when ur close to exhaustion. Need to always evaluate risk/reward.

Sent from my Pixel 2 using Tapatalk

 

[Whipsaw]

I'm thinking the 1436ish area would be a nice place to get out. Probably a lofty goal for today, but crazier things have happened.

Fill the gap! Fill the gap! Fill the gap! :arms:

 

[Bquat]

Pop downward and now filling it's on gap. Might be a bottoming move. No move for me staying 50S 50G. Channel holding:

Yesterday was a bullish engulfing candlestick but I didn't expect this bullish. Why not just pop the gap. I'm just a little shy of my half exit. Retest of the top of the gap from above now what?:suspicious: Well being half in and half out, I'll just drink my coffee and go read what you guys are saying.

 

[Bquat]

Yesterday was a bullish engulfing candlestick but I didn't expect this bullish. Why not just pop the gap. I'm just a little shy of my half exit. Retest of the top of the gap from above now what?:suspicious: Well being half in and half out, I'll just drink my coffee and go read what you guys are saying.

Somebody was calling for fill the gap, so it filled from above. Top of Midterm is now support:

 

[Bquat]

Not quite back up to my Spidey Sense Line. Still bullish enough to stay half in. Using Higher High line to try out the next Midterm Channel. Not enough to form it yet until a higher low. Some have already exited today but not seeing too much weakness. I have a support line to watch::blink: