Thread: Bquat's Account Talk

Originally Posted by Bquat

Lower High line broken:

Lets see if we get confirmation tomorrow with a close over today's high...

No fear in the market has Spidey Sense wondering:

What do you think? Charts:

Up the next day or two and then test support from above. After that, up again to a double top and then down again.

Wow, my first time at the top of the monthly autotracker. Wonder how long that will last.

Congrats!

Seems like the midterm box is narrowing. It looks like we may be winding up again for a move...but which way.

Happy Friday! I haven't seen your charts for a while and was looking at my scratches without resolution. You see anything as a ceiling around 2780 on the SnP?

My number for the day is 2766.

We'll see how she goes...

FS

Chart:

Mmmmmm...still no resolution but your charting is always a lot prettier than mine! Thanks!

I've been waiting for a real correction for some time. I got caught in the initial downturn about 3 months ago but have treaded slowly sideways since with small gains. Still in the negative from that hit but climbing out of the hole. My assumption that we had a correction begin about 20 weeks ago. I recently read that it takes an average is 21-24 weeks for bottoms to occur. That doesn't mean THE BOTTOM, but the end of a trend or wave. Based on the headlines,that could mean the NK talks will not go well and we can add China to the "you suck country of traders", or that the tariffs with the G7 are are going to get mean and nasty. Or NOT. It's just a bunch of speculation. But I'm not making making any bigger moved until July. If if does pull back, I look to see a correction to 2300 with some interim stops along the way. See everyone in July. Best to you in your trading.

FS