Bquat's Account Talk

[FAB1]

Scraped the notion to go to bonds. glad I did.

still waiting for that magic low number near 1830 revisiting the lows.

Might not come this month...

 

[Bquat]

Still trying to figure out a midterm after the correction. Hows that working out? That's the problem. Maybe thinking about a price range (red to longer blue) would work better.:blink:

 

[Bquat]

Scraped the notion to go to bonds. glad I did.

still waiting for that magic low number near 1830 revisiting the lows.

Might not come this month...

Not 1893.234567:nuts:

 

[FAB1]

Ok yeah...you guys use that SPY index gets me mixed up


I figure I will hear a Loud THUD when it gets there, or some howls of pain from the perpetual Sfunders :aargh4:

 

[FogSailing]

Hi Bquat:

I think it was a BEAR JAB! ;swear

View attachment 35303

FS

 

[Cactus]

Watch out for those. :worried: You don't want to end up swimming upstream in a bear market

 

[FAB1]

Not 1893.234567:nuts:

10:00a S&P 1917.25

Howwww sweet it is!!!

 

[Bquat]

Bearish argument is we're below the Higher Low (pink) line. Bullish argument is we broke the Lower High (yellow) line. I still working with the Midterm Channel (orange) after the correction but if I have it right the bottom of the channel just acted as resistance. Watching the resistance at the R line: Your guess?

 

[Bquat]

Is there a failed breakout (B line) in the F Fund? Watch the Higher Low line compared to Lower Volume. In this one the top of the Midterm channel acted as support: Your guess?

 

[Bquat]

Is the S Fund in a bear flag or double bottom: Your guess?

 

[Bquat]

VIX-X CBOE:

 

[Bquat]

Bearish argument is we're below the Higher Low (pink) line. Bullish argument is we broke the Lower High (yellow) line. I still working with the Midterm Channel (orange) after the correction but if I have it right the bottom of the channel just acted as resistance. Watching the resistance at the R line: Your guess?

Playing with the R line:

 

[FAB1]

Playing with the R line:

Drat you and your R line...and your little dog too!

 

[Bquat]

Drat you and your R line...and your little dog too!

But he likes you and left you a present:

 

[Whipsaw]

Is the dog pattern a bottoming pattern or a bearish setup?

 

[FogSailing]

Looks like we could be in for a RUFF time!

FS

 

[Bquat]

Is the dog pattern a bottoming pattern or a bearish setup?

I don't know.

 

[Bquat]

So here's the question for Monday. Is smart money going to cash waiting for direction? I'm zoomed in on the Midterm action. The SPDR's are crawling there way out of the bottom of the Midterm channel. AGG has increased selling volume going down from the breakout and failed to retake the 100 and 50 day's after the gap down. So are my Midterm channels looking right?

 

[FAB1]

So here's the question for Monday. Is smart money going to cash waiting for direction? I'm zoomed in on the Midterm action. The SPDR's are crawling there way out of the bottom of the Midterm channel. AGG has increased selling volume going down from the breakout and failed to retake the 100 and 50 day's after the gap down. So are my Midterm channels looking right?

The smart money got out of the Doghouse a long time ago.

The rest of us dogs (lke me) are laying in wait under the table to pounce on a bone or scrap of meat
before beating it the hell out of here!

So here's to a morning dip down to 1890 or so and afternoon rebound, and beyond...

 

[FogSailing]

Here's what the Elliot wavers posted yesterday:

View attachment 35352

Don't know if this help answer your question Bquat but maybe as a reference doc.

Seems to me their intermediate channels look predominantly a diagonal pattern..but can't read this morning..Lost my glasses..

FS