Bquat's Account Talk

[Bquat]

So what was the news that caused today's pop? It changed 180 from what I was thinking.

 

[Bquat]

Ok guys, SPX has been trying to be a leading indicator being first to break out of the box, so is this a false breakout or Bear Jab? Looked so good before deadline testing the top of the rectangle formation and post deadline even the 50 Day couldn't hold. What happened::worried: Added SPY for volume:

Wow I was wrong here.:embarrest:

 

[Cactus]

So what was the news that caused today's pop? It changed 180 from what I was thinking.

Yes, I want to know that too! I'm reeling from this and still don't know what happened. The only thing I can figure is I finally got out so it exploded to the upside.

 

[Bquat]

This is a test, only a test for Thursday - Friday time frame:

 

[Bquat]

This is a test, only a test for Thursday - Friday time frame:

So will a good Jobs Report be good or bad by increasing the chance of higher interest rates? Are we at the test area for a drop? Here's the charts::suspicious:

 

[Bquat]

More charts:

 

[Bquat]

Can the VIX go any lower? 200 Day drawn in:

 

[Bquat]

I hope I didn't bias these.:suspicious:

 

[FogSailing]

Hi BQ. Not unless we're in a bull market...or someone wants us to think that...

I consider this a slight detour from the bear's real mission...

FS

 

[Bquat]

Is the test over? Retest:

 

[Bquat]

Let's just call this Test holding as resistance and Blue line holding as support:

 

[Bquat]

Some others:

 

[Bquat]

So it looks like we have found resistance at the FIB's, yet the blue line may be support. The VIX is above the lover high line but blocked by the 100 day. Who has the coin this week?:blink:

 

[Bquat]

So it looks like we have found resistance at the FIB's, yet the blue line may be support. The VIX is above the lover high line but blocked by the 100 day. Who has the coin this week?:blink:

Well has the coin flipped? Which has priority SPX or SPY? I ask because SPX (S&P 500) is right at double top while SPY (S&P 500 ETF) has broken out. ​Technically they both are above the 61.8 Fibonacci I was watching:

 

[amoeba]

Can the VIX go any lower? 200 Day drawn in:

Heck yes! I say hold all equity positions and sell it all at the first ^VIX of 14.75 or lower.

 

[Bquat]

VIX is still in an inverted F Flag which is bearish until it breaks. With less rate increases being good news today, will it become bad news for the economy tomorrow and a VIX spike? VIX-CBOE:

 

[amoeba]

VIX is still in an inverted F Flag which is bearish until it breaks. With less rate increases being good news today, will it become bad news for the economy tomorrow and a VIX spike? VIX-CBOE:

I don't think so. I'm not seeing anything bearish in your chart, rather, you may need to redraw the y-axis if - as I expect - the ^VIX falls below 15 by this Friday if not sooner.

 

[Bquat]

I don't think so. I'm not seeing anything bearish in your chart, rather, you may need to redraw the y-axis if - as I expect - the ^VIX falls below 15 by this Friday if not sooner.

You have the odds in your favor.

 

[Bquat]

So here I'm testing a level where we are suppose to change direction. What happened? Well first the ECB announces an increase in stimulus of $20.000.00 a month and both stocks and bonds rise. Then the Fed announces they are going to cut the number of rate increases in half.Stocks and bonds go up. Both announcements come right at the exact time as needed. Not only that but neither caused concern about the weakness of the Global economy to scare the market down. So maybe good news is good news and the bear market talk is negated? Will the other shoe drop or was I just looking with too bearish of an outlook? You tell me is my test level moot::suspicious:

 

[Bquat]

Even in Transports, remember how bad they looked? Low gas prices really helped them. Look my 18 day is crossing the 100 day and a rising 50 day is getting above the long term trend: What's up?:notrust: