Thread: Bquat's Account Talk

Top of the midterm channel tested as resistance, bottom tested as support. This can become a bearish engulfing candle. Spidey sense: Finally getting a sell signal on stochastics RSI on FSC.com:

Buyers jumping in to try to reverse the breakdown:

Originally Posted by Bquat

Top of the midterm channel tested as resistance, bottom tested as support. This can become a bearish engulfing candle. Spidey sense: Finally getting a sell signal on stochastics RSI on FSC.com:

Still within my sell signal. Fell out of the long term on FreeStockCharts.com. Possible to embed to the downside. So doing a redraw on my Trading View chart to show shorter long term and will have to come up with a new short term:

Staying 100 G Fund.

Originally Posted by Bquat

Still within my sell signal. Fell out of the long term on FreeStockCharts.com. Possible to embed to the downside. So doing a redraw on my Trading View chart to show shorter long term and will have to come up with a new short term:

I have us embedded and just my opinion is that this is a dead cat bounce:

Even with todays slight gain we are still embedded to the downside. Also looks like a bear flag forming. Still below DCB line:

Originally Posted by Bquat

I have us embedded and just my opinion is that this is a dead cat bounce:

Great call!

Originally Posted by weatherweenie

Great call!

I agree as well, but I'd still like to see some buying in that last hour before the close, regardless if there's a loss for the day.

The coin is in the air but since we are embedded I am 60/40 down. The long term channel bottom was confirmed but we failed to get back up above the red line after the bear flag was also confirmed. Is this a new down channel forming for February:

Yes today looks good but this is still a lower high so far. I am still 60/40 bearish because we are still embedded to the downside. Dead cat bounce line is still above and we're not even back to that:

I have us now un-embedded and on a buy signal. I am only going half in because of popping the gap and may go back to test the DCB line. I have a little red line that may be resistance. 50/50 S/G fund: