Bquat's Account Talk

[Bquat]

The news has overwhelmed my June Chart. Redraw are we there yet:

I guess if it went down fast it can go up fast but I didn't see this: :embarrest::embarrest:
Will the Topping Tail Line hold?

 

[Bquat]

Playing with a shorter Longterm. Chart: :cheesy:

 

[Bquat]

Playing with a shorter Longterm. Chart: :cheesy:

Very interesting action right at the Longterm line. Everyone is looking at the coin toss: :suspicious:

 

[Bquat]

Chart:

 

[Bquat]

Very interesting action right at the Longterm line. Everyone is looking at the coin toss: :suspicious:

Yes that's my guess. The market has been news based so much that it's waiting on news. Right? For the coin toss, they're even using a 50 cents piece (Who carries those anymore?). Well I can't guess the market anymore and why is Spidey awake? I am even thinking of checking out one of the premium services because I have a failure to engage or even guess anymore. Chart: :notrust: :blink:

 

[WorkFE]

A coin toss when its not obvious. You are either Risk On or Risk Off when the data is slapping you in the face.
That is not the case right now. While we certainly never get all the talking heads moving in the same direction it is normally weighted one way or the other. At the moment it seems to be 50/50 split.
There are Perma-Bears and Perma-Bulls, no middle of the roadies at this time. Dang that sounds familiar.

 

[tsptalk]

There are Perma-Bears and Perma-Bulls, no middle of the roadies at this time.

I'm Perma-Neutral.

 

[Bquat]

Chart:

 

[Bquat]

Redraw Chart: :cheesy:

 

[Bquat]

Redraw again after FOMC meeting. Chart: :cheesy:

 

[Bquat]

Chart:

 

[Bquat]

Chart:

 

[TommyIV]

That's a lot of overhead resistance for one chart!

 

[shitepoke]

BQ Any spidey sense this week. Maybe midterm channel above 18 DMA ? Come on spidey...
EJJ

 

[Bquat]

That's a lot of overhead resistance for one chart!

Yes, I think it was a news overshoot. Longerterm Chart:

 

[Bquat]

Chart:

 

[Bquat]

Chart:

 

[TommyIV]

Ouch.. Life was looking good for the bulls for a second.. The Fed is the weight on this market's head. Although it took the bears a moment to realize it.

 

[nasa1974]

Ouch.. Life was looking good for the bulls for a second.. The Fed is the weight on this market's head. Although it took the bears a moment to realize it.

Yeah, this week stunk.

 

[Bquat]

Chart: