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Reply With QuoteNo entry today. Looking more like low base forming.
Re: Bquat's Account Talk
Today's tracker is showing mass exit. TSP Talk AutoTracker Hmm follow JTH? He's pretty good. Market now showing inverse F flag which is bearish until it breaks. I'll watch 20 min. more.I don't see support yet. Tic toc Maybe he's considering 10% correction may be enough.
Don't bias your charts.Show support and resistance. My comments and charts are not trading recommendations.
Re: Bquat's Account Talk
No entry today. Looking more like low base forming.
Don't bias your charts.
Re: Bquat's Account Talk
We are still below the 50 day and still setting lower highs and lower lows. We need to start back up tomorrow because below the light blue line we do a lot of damage to both the weekly and monthly. I have risk to reward 60/40, while others expect a bounce. I'm bearish but can be convinced other wise at a break of 1602. Yeah I'm eating some loss in the F. The anti-QE is killing us but me less.Ok let the convincing begin.
Don't bias your charts.
Re: Bquat's Account Talk
Are we trying to correct through time or are we coiling for a lower low?
Don't bias your charts.
Re: Bquat's Account Talk
My worry is when the 20 crosses the 50 day confirming a larger time frame down trend.
Don't bias your charts.
Re: Bquat's Account Talk
Should see a move soon. Probably after deadline. Right?
Don't bias your charts.
Re: Bquat's Account Talk
Tomorrow is my decision day. If we break 1602 I should enter.Tomorrow we find out if the bulls can get above the double top and confirm the V bottom.
If 1602 is broken I may take my chances with the 50 day. I would love to be in before we break it or be left behind. No comments please.
Don't bias your charts.
Re: Bquat's Account Talk
Sorry, must comment. Plan on SPX 1600 tomorrow. 1650 by the end of the month. We'll set this train right very soon.Originally Posted by Bquat
Tomorrow is my decision day. If we break 1602 I should enter.
Re: Bquat's Account Talk
End of the month is Friday, that is an awful bold presumption JJ...
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Re: Bquat's Account Talk
Ok. SPX 1655 by the 4th.
Re: Bquat's Account Talk
Just remember the Fed shut down one of the engines so the risk is 60/40 to reward. This still can be a lower high being set. I like how no comment brings a couple of comments. Thanks guys and yes this next IFT may be used to set up for next month. There is a chance I might use it for G but it's my last one and I'd rather use it for a volley.
Don't bias your charts.
Re: Bquat's Account Talk
Looks like we may be testing 1602 early. Most of the move may be done already in the futures. Here's a cleaner chart:
Don't bias your charts.
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