Thread: Bquat's Account Talk

The breakout potential is certainly there, though so is a reset. I do see a bit of an inverted head and shoulders on the DJIA from Jul 15 - 21 so things could get interesting. I'm not up for the risk this time.

100% G at close today.

Third test of a topping line, right at cutoff time, doesn't give much of a chance for us to make a play. Wish we had more flexibility....

August Charts:

Thanks! I wish I had messed with the I fund chart before I moved yesterday. That gives me a higher concern for our overall economic health. I may have waited longer. I’ll see where this ride takes me but am hoping the positioning move gives me a chance to get back out with a profit before the c fund gap gets filled.

Good luck with that. First gap filled. I may have to redo my Midterm Channels:

Lol...trump killed my July profit in one day. Have to ride it to see where this thing goes

There are a few potential gaps to fill imo. All the way to 2750. Summertime volatility playing as well as Trumps tariff threats.

My Midterm channel is shot so I will have to figure out a new one. The Long term one looks about right for a news caused correction:

They need to make the "like this post" to one like Facebook where you can put like, sad, or laughing. Don't know if I would cry or laugh with that action, just glad I'm on the sidelines.

Here's a little bit longer term temporary charts while I play with the Midterm. Showing some possible correction levels:

Second gap was gaped over. Will 5 % drop be a big enough correction? Playing with a Inverse Head and Shoulders at this level: