Thread: Bquat's Account Talk

Originally Posted by tbx1203

Looks like that huge GDP number have the market a shot in the arm. That number is superficial though. I might wait until tomorrow now. Unless something changes in the next 30 min.

Sent from my Pixel 2 using Tapatalk

I will be waiting on tomorrow also watching Dead Cat Bounce area. If the news was so good we would have gotten above it. More traders watching Covid-19 wave growing in Europe to be followed in USA. I am slightly in Spidey Sense mode waiting for vaccine to be released for seniors. Check out Ira's Financial report posted by Nnutt: 55/45 bearish. Staying 100 G Fund:

Originally Posted by Bquat

I will be waiting on tomorrow also watching Dead Cat Bounce area. If the news was so good we would have gotten above it. More traders watching Covid-19 wave growing in Europe to be followed in USA. I am slightly in Spidey Sense mode waiting for vaccine to be released for seniors. Check out Ira's Financial report posted by Nnutt: 55/45 bearish. Staying 100 G Fund:

Good point! I'm waiting also. I don't think earning from the heavy hitters will ask be good.

Sent from my Pixel 2 using Tapatalk

Originally Posted by Bquat

I will be waiting on tomorrow also watching Dead Cat Bounce area. If the news was so good we would have gotten above it. More traders watching Covid-19 wave growing in Europe to be followed in USA. I am slightly in Spidey Sense mode waiting for vaccine to be released for seniors. Check out Ira's Financial report posted by Nnutt: 55/45 bearish. Staying 100 G Fund:

Dead Cat Bounce held as resistance. 50 EMA looks neutral or midpoint of a new price range. Spidey is wondering it the little blue line will hold.

No move for me today. I never expected T 3 to be in play:

I will redraw the Midterm Channel after the dust settles. Relocated the Dead Cat Bounce line for me. Spidey is going with the IDR line as resistance. He's still a little more bearish than me. What is the IDR line you ask? It's the line where the dip buyers were blocked twice by Intra-day Resistance. November Chart:

Going into November at 68 on the autotracker.

Originally Posted by Bquat

Going into November at 68 on the autotracker.

If you add the Premium Members you fall back to 76. But 12.20% is great positioning to finish out the year. You are still in the top 100 and that's a good spot to be in. Congrats. I'm 89 spots behind you at 165.

Originally Posted by Bquat

I will redraw the Midterm Channel after the dust settles. Relocated the Dead Cat Bounce line for me. Spidey is going with the IDR line as resistance. He's still a little more bearish than me. What is the IDR line you ask? It's the line where the dip buyers were blocked twice by Intra-day Resistance. November Chart:

Not as bearish as Spidey though but DCB is still in play. Double top testing the 50 EMA. This could be a bull flag but still bearish enough to keep me out for another day:

Little bit of good news: Today's gap was filled and dip buyers bought back in. Don't know if this is enough to get above the double top tomorrow but who wants to buy into election day.

Originally Posted by Bquat

Little bit of good news: Today's gap was filled and dip buyers bought back in. Don't know if this is enough to get above the double top tomorrow but who wants to buy into election day.

Looks like some are buying election day: Is this an over reaction?

Looks like I missed the Senate rocket ship: