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Thread: Bquat's Account Talk

  1. #9505

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    Default Re: Bquat's Account Talk

    Quote Originally Posted by airlift View Post
    Guys,

    I compared the last 6 trading days of the S&P 500 daily chart of this May with May of last year, just before Memorial Day, and found last year went down. Am I comparing apples with oranges.
    We'll have to wait until Tuesday to break out of the box. At least this low volume market likes this price range and my rung looks good:
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  2.  
  3. #9506

    Default Re: Bquat's Account Talk

    Quote Originally Posted by Bquat View Post
    We'll have to wait until Tuesday to break out of the box. At least this low volume market likes this price range and my rung looks good:
    Great chart. Thank you.

  4.  
  5. #9507

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    Default Re: Bquat's Account Talk

    So, been using this midterm for a while now so I just added a white channel:
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  6.  
  7. #9508

    Join Date
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    Default Re: Bquat's Account Talk

    Two more:
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  8.  
  9. #9509

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    Default Re: Bquat's Account Talk

    So what you think? Did Transports fall out of the flag?
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  10.  
  11. #9510

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    Default Re: Bquat's Account Talk

    Tried this once in post 9505 as a Pulse of the Market. Try it again as a ladder: 55/45 chance?
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  12.  
  13. #9511

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    Default Re: Bquat's Account Talk

    Back from breakfast. What I miss? Oh, testing the 50 Day again, so soon this might not be a good thing. If you take the top rung and the right side of the ladder down to the next rung, you should see the isometric triangle we should be coiling for a bigger move. That's if the ladder side holds for another higher low:
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  14.  
  15. #9512

    Default Re: Bquat's Account Talk

    Quote Originally Posted by Bquat View Post
    So what you think? Did Transports fall out of the flag?
    They did...but will they stay under? I still can't make the transports line up to the market trends like they used to.

    As for your other charts...thanks as always! I like the mid-terms still but now am seeing the potential for them to turn. We'll have to keep a close eye going into June. Have a great weekend!!!!

  16.  
  17. #9513

    Default Re: Bquat's Account Talk

    Things sure are quiet on the board lately. I just had a few minutes to spare and was floating around on here and thought I would move your thread up to the top...for a minute anyway!
    For market talk...I have still have my lines drawn at 2138(ish), 2123, 2104 and 2077 on the SnP. These are my flag points and, as long as we are bouncing around like we have been I'll let it ride. Enjoy your nice weather!


  18.  
  19. #9514

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    Default Re: Bquat's Account Talk

    Quote Originally Posted by Mcqlives View Post
    Things sure are quiet on the board lately. I just had a few minutes to spare and was floating around on here and thought I would move your thread up to the top...for a minute anyway!
    For market talk...I have still have my lines drawn at 2138(ish), 2123, 2104 and 2077 on the SnP. These are my flag points and, as long as we are bouncing around like we have been I'll let it ride. Enjoy your nice weather!
    Look like we were back in the white channel but I'm concerned about the pop and drop to the 18 Day at the open.
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  20.  
  21. #9515

    Default Re: Bquat's Account Talk

    Quote Originally Posted by Bquat View Post
    Look like we were back in the white channel but I'm concerned about the pop and drop to the 18 Day at the open.

    Yep...but the weak dollar will get weaker so look for the uptrend to continue (IMO).

  22.  
  23. #9516

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    Default Re: Bquat's Account Talk

    Well my Pulse of the Market looks like crap right now. I'll probably find out why when I watch post market videos but will do some charts before finding out. So after lining up the white channel top and bottom, has support became resistance:
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

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