Bquat's Account Talk

[Bquat]

Wow look at this beautiful pop from a false breakout at the bottom of an Isometric Triangle all the way over the top which should be bullish. Too bad China concerns may have arisen again this evening and may ruined it all: S&P 500 Futures Live Advanced Chart

Only thing good about the Chinese announcement is that it came out last night. If it came out the night before it would have made the false breakout true.

 

[Bquat]

Boy this China Yuan situation has really hurt stocks. So we need the dip buyers to start buying so we don't set the lower low::worried: I may have to redraw my higher low line:

 

[Bquat]

Yuan and yuan is too right?

 

[FogSailing]

Great question Bquat. If they lied once about this being a single event, what's to stop them from another drop tonight. If their goal is to make their products more affordable for export, and the yuan is already overvalued by 10%, there is a lot of room to move. Best of luck to all in your investing. BTW, thanks for posting the chart.

FS

 

[FAB1]

Great question Bquat. If they lied once about this being a single event, what's to stop them from another drop tonight. If their goal is to make their products more affordable for export, and the yuan is already overvalued by 10%, there is a lot of room to move. Best of luck to all in your investing. BTW, thanks for posting the chart.

FS

I would think like the 3rd attack of the stomach flu is way milder the first that investors are building up a tolerance to the Chi-coms... the Street is building up an immunity and while the Euro-weenies tremble in fear the US will lead the way back up. What goes down must come up in the Fed-Rev reality. :cheesy:

 

[Bquat]

Yuan and yuan is too right?

So did the Plunge Protection Team save the market or did the second Yuan devaluation matter? Are we back in the triangle? Back above the long-term bottom at least. I'm kinda confused with whats going on. Are you?:suspicious:

 

[Bquat]

Sure is nice having a nice and slow day for a change.:smile:

 

[OBXTrader]

Graceful swans are often paddling like crazy underneath the waterline.

Sure is nice having a nice and slow day for a change.:smile:

 

[FAB1]

Graceful swans are often paddling like crazy underneath the waterline.

Euro stocks fallen from highs due to our tepid morn market despite the late run-up yesterday?

Rally BEGINS in 30 or so mins (gotta get those gummint TSP'ers make their noon-time moves first ya know)

 

[OBXTrader]

Sorry, didn't mean to use the word "swan" makes me look like I knew something was going to happen. That said, I will explain why I made the remark.

I didn't make a move today because early action seemed to indicate the market thought there was going to be a rate hike and even as the market went up, bonds seemed out of phase for such a small move in the S&P. The closing action seems to confirm that. G Fund is the winner today, movement to cash.

Tomorrow should be interesting.

Graceful swans are often paddling like crazy underneath the waterline.

 

[Bquat]

C Fund:

 

[Bquat]

S Fund:

 

[Bquat]

I Fund:

 

[Bquat]

F Fund:

 

[Bquat]

For Long-term I spread out to 17 Feb and redrew and for Midterm I spread out to 4 Jun and redrew. I tried to leave the yellow isometric triangles intact. What you think? I did not go out to the 4 Hour this time. Yes I used a shorted long-term period by just stretching the 2 hour out going with a theory the the fast computers work in a shorter time frame to out menuver the market instead of predict it.:cheesy:

 

[Bquat]

Transports:

 

[Bquat]

Well the Yuan stabilized and maybe today we can see which way the market will move. Is the Isometric Triangle still relevant? Zoom in for today's action:

 

[FAB1]

Well the Yuan stabilized and maybe today we can see which way the market will move. Is the Isometric Triangle still relevant? Zoom in for today's action:

Ur avatar gives me the kreeps, bquat

 

[Bquat]

Ur avatar gives me the kreeps, bquat

Okay

 

[OBXTrader]

Triangles support market consolidation. Thanks for drawing the charts.

For Long-term I spread out to 17 Feb and redrew and for Midterm I spread out to 4 Jun and redrew. I tried to leave the yellow isometric triangles intact. What you think? I did not go out to the 4 Hour this time. Yes I used a shorted long-term period by just stretching the 2 hour out going with a theory the the fast computers work in a shorter time frame to out menuver the market instead of predict it.:cheesy: