Thread: Bquat's Account Talk

This new Spider has been good to me, so we'll see as I go to 100G.

Originally Posted by Bquat

This new Spider has been good to me, so we'll see as I go to 100G.

Chart your 1 month out to about 45days on the SnP...not pretty if the trend holds.

Originally Posted by Mcqlives

Chart your 1 month out to about 45days on the SnP...not pretty if the trend holds.

This? I saw it but don't trust it with QE Taper. Still I'll only be out a week if it happens. Birch chart:

I am looking for a pattern repeat whereas the blue green becomes a top of the channel. I have been proven wrong but I like the odds. Market loves to prove me wrong.

Originally Posted by Bquat

I am looking for a pattern repeat whereas the blue green becomes a top of the channel. I have been proven wrong but I like the odds. Market loves to prove me wrong.

Talking repeating patterns, take a look at Jan 7, 8, 9 compared to 16, 17, 21...especially the 9th and today the 21st. If tomorrow follows along by being an up day like the 10th was, then it will be the day to park in G for one day as the following day, the 13th was down big.

The chart shows that I might be behind the power curb. It looks like a bullish pattern but I don't trust the green. I lean toward the white channel. I have been wrong but Spidey got nervous and I lost a couple percent not following him before. This is the case of waiting for the first shoe to drop and I'm preempting it. You can always laugh later.

Originally Posted by crommie

Talking repeating patterns, take a look at Jan 7, 8, 9 compared to 16, 17, 21...especially the 9th and today the 21st. If tomorrow follows along by being an up day like the 10th was, then it will be the day to park in G for one day as the following day, the 13th was down big.

This:

Yes, something like that except I would expect tomorrow to top out around your top yellow line around 1850 to complete the double/triple top and the repeat pattern before following your blue line down.

Clean chart for today: I'm speculating with the yellow isometric triangle and taking the last peak as a false breakout. 40/60 chance that I'm right.

Originally Posted by Bquat

Clean chart for today: I'm speculating with the yellow isometric triangle and taking the last peak as a false breakout. 40/60 chance that I'm right.

Interesting that your "exit" line is the top for the day so far. If there is a breakdown it could be winding up.

Originally Posted by Mcqlives

Interesting that your "exit" line is the top for the day so far. If there is a breakdown it could be winding up.

Still thinking we're coiling up for bigger move. I'm picking downward. I did widen my white channel.