Bquat's Account Talk

[Bquat]

Trying a zoom function:

 

[Bquat]

Ok what just happened in the S Fund. Just dropped.

 

[Tsunami]

Wave C down of wave 4. No worries. Tomorrow will be up in wave 5.

 

[Bquat]

Finally a breakout from the sideways consolidation.:smile: VIX ready to test the 200 day from above:

 

[Bquat]

Finally a breakout from the sideways consolidation.:smile: VIX ready to test the 200 day from above:

What I like in that today's action came back down to the rectangle and tested as support confirming the breakout. 60/40 we go up from here but you never know in the news based environment. Let's build some strength before we try the 200 Day:

 

[Bquat]

The VIX may be a problem because it's sitting right on the 200 Day as support::worried:

 

[Bquat]

What I like in that today's action came back down to the rectangle and tested as support confirming the breakout. 60/40 we go up from here but you never know in the news based environment. Let's build some strength before we try the 200 Day:

Did it again:

 

[Bquat]

Third day that top of rectangle has held as support::smile:

 

[Bquat]

VIX:

 

[Bquat]

Close at the top with a higher high with bottom tails. Happy camper here:

 

[Bquat]

Midterm channel still good with another lower high and VIX closes right at the 200 Day::suspicious:

 

[Bquat]

Looking at the VIX chart it looks like an inverted F Flag which is bearish until it isn't. I am leary of this and will watch the orange channel closely.:notrust:

 

[Bquat]

Label my moving averages to EMA's.

 

[Bquat]

Why not just pop over the 200 EMA. Will the VIX confirm this and do the same:

 

[Bquat]

200 EMA tested from above:

 

[Bquat]

VIX doesn't want to give up the 200 EMA. It might be setting another high confirming my orange channel:

 

[Bquat]

Can you see the Descending Triangle continuation in the VIX:

 

[Bquat]

I was thinking of locking in my 7% gain today but staying 100 S Fund because the 200 day holding gives me the feeling that it's 60/40 we won't fill the recent gap in the short term:

 

[Rod]

I was thinking of locking in my 7% gain today but staying 100 S Fund because the 200 day holding gives me the feeling that it's 60/40 we won't fill the recent gap in the short term:

Same. I was thinking about locking in my 4.25% gain. Of course, that would have been a +/- depending upon how it does today. It would seem that the trend is our friend. But, we should expect taking some hits while we are in. As long as the positives outweigh the negatives, we'll keep our heads above water.

 

[Bquat]

Today's action has us a little ahead of schedule for my P 1::suspicious: