Bquat's Account Talk

[Bquat]

Well I was up early this morning. I guess I put on some coffee.

 

[Bquat]

So my Price Boxes may be moot and I was just trying to establish a feasible price range. Will the Higher Low line now act as resistance? I was looking at the VIX wondering if it was at a bounce back area.:worried: Now this all may just be me so I subdued my boxes. The channels may still be unbiased. As always comment if you disagree as to help others get a choice.:smile:

Showing a breakout so I don't know what to tell you:

 

[OBXTrader]

Well, my Shoe Box trading system with broken clock ocillator saw this S&P breakout two days ago. How long will it last? Can't say because we all know how many times a broken clock is right.

PS - Thanks for posting the charts my friend.

Yesterday, my Shoe Box trading system using only flawed logic and a broken clock oscillator predicted S&P 2090 and crushed bears today. It's still in Beta testing.

See Market Outlook Link Below:

http://www.tsptalk.com/mb/tsp-talks-account-talk/7701-market-outlook.html#post495996

 

[Bquat]

Your welcome.

 

[Mcqlives]

And now we have a solid bounce down off of your midterm lines. I think your charts are nailing it...just the markets can't pick a solid direction.

 

[Bquat]

And now we have a solid bounce down off of your midterm lines. I think your charts are nailing it...just the markets can't pick a solid direction.

Wonder if today will be a pop and drop? Good news with Fed then worrying about good news. The super computers popping when they see market reacting to good short term sales news and dropping when market reacts to Fed expresses concern of too bullish economy outlook. Too bad we only have two chances a month to guess market direction. So we have the morning pop to a double top.:suspicious:

 

[Bquat]

Off I go to senior bowl.:smile:

 

[Mcqlives]

Wonder if today will be a pop and drop? Good news with Fed then worrying about good news. The super computers popping when they see market reacting to good short term sales news and dropping when market reacts to Fed expresses concern of too bullish economy outlook. Too bad we only have two chances a month to guess market direction. So we have the morning pop to a double top.:suspicious:

Maybe...double test this morning of the 2108 area. Winding up around 2105 for a break towards.......?

 

[Bquat]

Wonder if today will be a pop and drop? Good news with Fed then worrying about good news. The super computers popping when they see market reacting to good short term sales news and dropping when market reacts to Fed expresses concern of too bullish economy outlook. Too bad we only have two chances a month to guess market direction. So we have the morning pop to a double top.:suspicious:

Market is fighting the drop side of my pop to a double top and drop scenario.:suspicious: That's ok. "I'm always right until I'm wrong" or is that "I'm always wrong until I'm right." This couple of months last year I should of went with the second quote.

 

[Mcqlives]

Market is fighting the drop side of my pop to a double top and drop scenario.:suspicious: That's ok. "I'm always right until I'm wrong" or is that "I'm always wrong until I'm right." This couple of months last year I should of went with the second quote.

Looking back about a year it seems about even for the markets to break either way from the meandering action we see around the upper trading range. I have no way of back checking but I suspect that the resultant moves were almost always news based and were often inverse (bad news means more QE so markets go up) to expectations. Which way do we go from here.....
To quote the Clash...."One day its fine the next its black....blah-blah-blah....Should I stay or go now?"

 

[Bquat]

I may go get in the line to get my truck's oil changed and tires rotated in the morning so I'll do charts tonight.

 

[ravensfan]

I may go get in the line to get my truck's oil changed and tires rotated in the morning so I'll do charts tonight.

Bquat you're my hero!

 

[Bquat]

More charts:

 

[Bquat]

Transports and VIX:

 

[Bquat]

S Fund vs F Fund:

 

[Bquat]

SPX and SPY:

 

[Bquat]

There you go. You guys figure direction.

 

[Mcqlives]

I'm mobile TN is morning and can't see your charts brother. You got a line around 2077 still?

 

[Bquat]

I'm mobile TN is morning and can't see your charts brother. You got a line around 2077 still?

Sorry buddy I was out of pocket also. Hmm Let's say 2082 then back above the 50 day or 2070 if the 50 day turns from support to become resistance. We're testing the 50 day as resistance and the 18 day as support and go figure it's testing the 1% hesitation point from below back up. Flip the coin buddy. It's weird to hesitate down and hesitate again back up.:blink: For those not out of pocket here's a visual aid on the battle line:

 

[Bquat]

Market is fighting the drop side of my pop to a double top and drop scenario.:suspicious: That's ok. "I'm always right until I'm wrong" or is that "I'm always wrong until I'm right." This couple of months last year I should of went with the second quote.

So was I right?:cheesy: