Bquat's Account Talk

[Bquat]

Noticed that on my phone the price labels on the right are truncated off. I will try a smaller chart later.

 

[Bquat]

Noticed that on my phone the price labels on the right are truncated off. I will try a smaller chart later.

Test:

 

[Bquat]

C Fund:

 

[Bquat]

Retest attachment:

 

[Bquat]

Looks like the markets are following your charts!

If you feel like it, and want to, putz with overlays on the VIX, SnP and Volume. I did a couple of sets of 10days spread out over the past several months and I saw some divergences which have me happy to be out of the markets. Of course, that is probably me making myself see things to conform with my market position but, if you get a chance, I wouldn't mind a response from the chart master!

Look at the two red volume peaks. In the latest one look how the dip was bought. Price moved a lot less with this peak in volume even if you proportion for the less volume. Also look at the volume as price goes down and see that volume isn't increasing:

 

[Mcqlives]

Look at the two red volume peaks. In the latest one look how the dip was bought. Price moved a lot less with this peak in volume even if you proportion for the less volume. Also look at the volume as price goes down and see that volume isn't increasing:

That is what I see as well. I have not tested it further but the frequency of this volume/dip buy observation seems to be increasing. I am not sure on market direction but imo this does not bode well for strength in the bulls.

 

[Bquat]

Still no bullish take off from the long consolidation:

 

[Bquat]

Does fear look relatively low? VIX-CBOE:

 

[Mcqlives]

Does fear look relatively low? VIX-CBOE:

I think so...but going back to your "Computers rule the trading systems" theory...this could easily be a controlled stat. If buyers and sellers systems move fast enough the volatility won't climb unless the majority of systems pick a direction.

It also looks like the SnP is headed into another decision point going into the close today. I wish volatility would get back up there so I could try to make money on some daily trades!

 

[Mcqlives]

Is everything OK my friend? I got up this morning with my coffee in hand and am missing your Charts! I hope all is well!

 

[Bquat]

Is everything OK my friend? I got up this morning with my coffee in hand and am missing your Charts! I hope all is well!

I'mok willdochartlater.spacebarnotworking

 

[Bquat]

I will be back home in 20 minutes . :smile:

 

[Bquat]

I will be back home in 20 minutes . :smile:

Ok maybe I had a little more coffee.

 

[Bquat]

S Fund has me a little nervous because it dropped below the bullish pullback and established it as resistance:

 

[Bquat]

C fund is still within the consolidation box and above the top of the long term consolidation. I am concerned about the down sloping 50 day approaching the 100 day. We need things to turn up soon:

 

[Bquat]

I fund had a good test on the 200 day and the 38.2 Fib Ret:

 

[Bquat]

F fund looks a little bad. Dropped below the bullish pullback and the 50 day crossed the 100 day. It's currently in a 200 day test:

 

[Bquat]

VIX is testing the 200 day and is below the low fear line. Which makes it look like stocks are just in a dip. Look at the consolidation of the moving averages. Is the VIX putting in a bottom?:blink:

 

[Bquat]

So that's how the charts look to me on this day of history October 29, 2016 . Just my 2 cents. One more day in October to go.

 

[Bquat]

I hope this is just a dip: