Thread: DreamboatAnnie's Account Talk

Charts as of a few mins ago. Looks like things continue in a holding pattern for all 3 equity funds. Maybe market waiting to here outcome of 2-day FOMC meeting on Tuesday-Wednesday. The talking heads say they do not expect a change in policy (I.e. it raising of interest rates) until next year, but all will be looking for the slightest deviation in language and easing of Fed's bond buying. Humm.... So maybe today is just showing a little pre-Fed meeting jitters. But most likely also because 10-year Treasury bond yield is up 2.05% (bearish for bond values) and VIX up 1.05% (bearish for stocks), as of a bit ago. Also MTUM (momentum) and $Tran are moving in downward trend.

So, still watching for direction, market moving news. Should get that by Wednesday... Will see. Still believe market is going to take off...but when???? Heard reports that main vaccines effective against latest strains. More people traveling, etc...

Best wishes to you all* !!!

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Hi! So here are daily charts as of a few mins ago. Still sitting on the Lilly Pad! ... Tryin to catch a juicy fly...uuuuwww
Best wishes to you All*. !!
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No charts until after Fed meeting today. Powell talks at 2:30ET and a Summary of Economic Projections gets issued at 2:00ET. So market should be moving after that, once the Algos scan and digest the news in milliseconds.

Good article
https://www.barrons.com/articles/fed...arkets&tesla=y

Does the upper boundary of the channel on the I fund chart need to be moved up given June results landing slightly above the line? I am in I fund this month because of the three charts it seems to be consistently embedded (over 80 slow stochastics) and an upward channel with multiple EMA curves as support. This is my first time in I - last year I was only S or C and your charts have been very helpful. Best of luck!

Hi Flalaw, I am leaving that longer term upper trendline (upper blue) in place on I Fund a bit longer just to continue showing that the breakout occurred 9 days ago. oh and yes, both C and I fund continue to be embedded above 80 on Slow Stochastic, so they are in an uptrend. They are both melting up, but with I fund doing much better! C Fund is still within its long term channel. I will likely redraw lines for C fund soon. For I fund, will likely add in set of short-term (purple) lines this evening.

Glad you find charts useful! Best wishes to you and everyone!!!

PS. I will likely redraw the I Fund blue (longer term) lines when it forms a new swing high low.

COB 2 minute charts. interesting to see market reaction at 2ET when Economic Projections came out followed by Powell's Fed speak, but it eventually ended on a high note before a little selloff thereafter and at day's end. S=-.23%. C=.-54%. I= -.62%

Let's see what happens tomorrow.

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Here are today's charts... A bit early. Flalaw, I added a new line to I Fund (now solid upper blue) but kept the longer term upper trend line (now showing as dotted blue line) which goes back to January. I believe the dotted line is still the valid longer term trend line, but I do see value in drawing in the new solid blue line.
Best wishes to you and everyone!

PS...some may see this as opportunity to enter. I am debating, as usual , but will likely hold on Lilly pad. will see....

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Here is closer look at I fund
Attachment 49573

Could be a buying opportunity brewing. Hmm???

Originally Posted by DreamboatAnnie

Here is closer look at I fund

The I-fund attached chart wasn't working. I hope I found the right one in your last post.

Here it is again. Hope it will post ..this is updated now as of COB but has closer look ...2 month daily.
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