Bquat's Account Talk

[Bquat]

Since I have no idea when this F Flag will break and was sitting here with not much to do today, I'll speculate on gain potential::notrust:

 

[Bquat]

Let's call this riding the F Flag for Friday:

 

[Mcqlives]

Let's call this riding the F Flag for Friday:

The VIX may finally setting up for some more strength!....nah, who am I kidding, it'll be right back in the box on Monday. HAVE A GREAT WEEKEND!

 

[Bquat]

The VIX may finally setting up for some more strength!....nah, who am I kidding, it'll be right back in the box on Monday. HAVE A GREAT WEEKEND!

Yeah. big drop in fear. No make that big pop in fear. No No Never mind:

 

[Bquat]

C Fund has a good chance to be first out of F Flag. Watch it Monday::blink:

 

[Bquat]

So. since I didn't notice the 100 Day crossing the 200 day I went to the daily time frame.:embarrest: So are the odds more likely that the dips will be bought more than the peaks being sold? Daily Charts of the funds::cheesy:

 

[Bquat]

Ignore the 4 Hour labels in the last charts. Transports:

 

[Bquat]

USO:

 

[Mcqlives]

Oil fund sure is coiling....maybe we will get a move and have a head form after that left shoulder on the transports! Just some wishful thinking while drinking bourbon on a Saturday night!

 

[Bquat]

Let's call this riding the F Flag for Friday:

Still following the F Flag:

 

[Bquat]

Spread USO out a little to see H&S: Anybody nervous? Need to turn back up soon:

 

[FogSailing]

I'm nervous BQ; but I have faith in Wall Street that they want to make a lot of money tomorrow and to do that they need to scare the crap out of us dumb money types. Either that or I'm about to lose my shirt...

BTW: Thanks for the charts as always. Always appreciated BQ.

FS

 

[DreamboatAnnie]

Yep...USO doesn't look so good. I usually do not follow this chart. Out of curiosity I had to check it out using indicators I usually look at. Yuck...

 

[Mcqlives]

yep...i'm continuing to get more nervous. did you see that (almost) 100pt swing on the trans today? If that close was the top then things don't look good for sure. But, as the saying goes, "If is if till it is"...

 

[Bquat]

May do Transports chart in the morning.

 

[Bquat]

Just noticed if U SO turns up tomorrow it could be an inverted H&S.

 

[Bquat]

Just noticed if U SO turns up tomorrow it could be an inverted H&S.

Flip a coin:

 

[Bquat]

yep...i'm continuing to get more nervous. did you see that (almost) 100pt swing on the trans today? If that close was the top then things don't look good for sure. But, as the saying goes, "If is if till it is"...

Does look like the weak jobs report is helping it after the breakout of the bull flag but we'll see:

 

[Mcqlives]

Does look like the weak jobs report is helping it after the breakout of the bull flag but we'll see:

Thanks, as always, for the chart! It fell right back in the box and closed at 7946. That's above your mid-term but a far cry from the strength we need to get out of this narrow channel. At this rate I am beginning to fall in step with some of those who have posted that nothing is going to happen till after the elections. How tight will this crap be coiled by the time that gets here?!?!;swear

 

[Bquat]

Now that I'm using the daily, I could see some golden crosses starting with the 50 day crossing the 200 day. Usually dips are bought after this occurs. So are things getting better for the longer term? I was reminded of this watching this latest video:
https://www.youtube.com/user/CiovaccoCapital