Thread: Bquat's Account Talk

Originally Posted by Bquat

Longterm Channel still holding. I'm 60/40 bear flag until it gets over DCB line. Free guess chart:

Yes. bottom of the channel held and enough buy back into the bear flag:

Sorry I wasn't around for the morning chart. EOD chart is still in a bear flag in my opinion. Decided I wouldn't even think of getting in before the TSP shutdown and be locked in:

Originally Posted by Bquat

Sorry I wasn't around for the morning chart. EOD chart is still in a bear flag in my opinion. Decided I wouldn't even think of getting in before the TSP shutdown and be locked in:

Fell below the Bear Flag this morning. Playing with Midterm again now as the bottom half of the Longterm. This is a Spidey sense alert 60/40 Bearish:

I'm surprised you are only 60/40 bear market.

Originally Posted by nasa1974

I'm surprised you are only 60/40 bear market.

I only went that much because there is a pump and dump action because someone is trying to form a false bottom here. I did issue a Spidey alert:

Going with my current Midterm and resistance line held as resistance three times today even with an afternoon pop. I didn't draw a gap because of the two previous bottom tails. Sticking with 60/40 Bearish even with today's dip buy:

As always this is a free guessing service. Aren't we all guessing at this point? If you see something say something because I probably won't see it.

Midterm Channel still good. Late chart:

Still trading within the box. Maybe a rally in a downtrend but that 18 day is acting as a magnet.

I still think we might move back down to the bottom of the BB wherever we end up next week. Maybe next day or two we have another small move up with some additional consolidation before we come back down to the bottom. Holiday weekend so I could see light trading tomorrow especially. Perhaps Tuesday we get that turnaround Tuesday, I won't be buying, I can't anyway with TSP shutdown for transactions, but next week could see some confirmation of a change in trend? Or maybe it is another fake out? Who knows. Again nice to make guesses.

I don't know for sure. Is this a consolidation pattern (dark orange) until we start down again or a (false) bottom forming (both orange)? Top of Longterm Channel is holding as resistance as we get to the deadline we can't use:

Spidey thinks this can be a descending stair pattern. ​Me I don't know: