Bquat's Account Talk

[Bquat]

Will the third try on the Dead Cat Bounce line finally work? As long as it doesn't break back down below the Higher Lows line after a new high. So there will soon be some Fed watchers:

 

[Bquat]

Ok, here's a zoom in for today's action:

 

[Bquat]

Just noticed when I make my charts bigger the fonts got smaller. How's this?

 

[FogSailing]

The volume is so low....I think that means STAND BY...THE COASTER IS GETTING READY TO ROCK...

Thanks for the chart Bquat...always appreciated.

FS

 

[Bquat]

Thanks for posting. I was beginning to think site was down. I guess everyone is watching today's market.

 

[Bquat]

Off to senior bowl I go.

 

[Mcqlives]

The volume is so low....I think that means STAND BY...THE COASTER IS GETTING READY TO ROCK...

Thanks for the chart Bquat...always appreciated.

FS

I don't look at it very often but I think the CBOE SKEW shows how quiet things actually are between yesterday and today. Sitting at 136 and not moving much at all...everyone is waiting for tomorrows news.

 

[Bquat]

Will the third try on the Dead Cat Bounce line finally work? As long as it doesn't break back down below the Higher Lows line after a new high. So there will soon be some Fed watchers:

This is what I was talking about. Test the bottom of the fledgling midterm channel and up from there. Also the higher low line increases the chance for a interest rate hike. Then again we could consolidate sideways waiting for the report. Might be just a sit on hands day.

 

[Bquat]

I don't look at it very often but I think the CBOE SKEW shows how quiet things actually are between yesterday and today. Sitting at 136 and not moving much at all...everyone is waiting for tomorrows news.

Yes, waiting on news just as we got below my danger line:

 

[Bquat]

The coin is still in the air so you call it.:blink:

 

[Shamus13]

The coin is still in the air so you call it.:blink:

Seems whatever I call turns out to be wrong.

 

[Bquat]

Yes we had a triple top breakout but end of day that looked like a shooting star doji or bear jab so I don't know::suspicious:

 

[Bquat]

SPDRs:

 

[Bquat]

Here's a one hour on the I fund because I didn't believe the green candle:

 

[FAB1]

Looks like it was a handy trap - TIMBER!! :blink:

 

[FAB1]

considering a short move to bonds and pick this back up at 1830 if that's where SP is headed.

 

[Bquat]

Here's some other charts I haven't done for a while and I haven't had a good midterm channel to draw after the correction yet, so it may be different in each chart:

 

[OBXTrader]

Thanks Bquat - Nice charts, look sort of like bear flag/pennants, but I may be seeing things. I am glad I got out on July 31st, I would not have been good enough to time any of the upside moves since then. Was tempted a couple times, but sat on my hands. Some like to go into next month invested, but that did not work well for August and September.

I assume you are in G Fund, what are your plans if you don't mind me asking? I have two IFT's left. Never used them last month either.

Here's some other charts I haven't done for a while and I haven't had a good midterm channel to draw after the correction yet, so it may be different in each chart:

 

[Bquat]

Thanks Bquat - Nice charts, look sort of like bear flag/pennants, but I may be seeing things. I am glad I got out on July 31st, I would not have been good enough to time any of the upside moves since then. Was tempted a couple times, but sat on my hands. Some like to go into next month invested, but that did not work well for August and September.

I assume you are in G Fund, what are your plans if you don't mind me asking? I have two IFT's left. Never used them last month either.

I am so suprised with EOD volume on the sell off right after the new highs yet the DCB line acted as support. So watch and see time again.

 

[FogSailing]

Right now they're selling DIVE DIVE DIVE!!!

Hope that changes over the next 12 hours....

FS