Thread: Bquat's Account Talk

So was this just over reaction to a Fed rate hike possibility or a correction? Here's a FIB RET to watch if we go lower:

Are you happy with the $vix/ Fear now??

Originally Posted by FAB1

Are you happy with the $vix/ Fear now??

I would really like the 200 day to not act as support:

Right now we have a big box with the 100 and the 50 dma's acting as floor and ceiling (respectively). IMO --- Which way we go to exit that big box depends on Fed and/or newsies talking.

Here's some charts with the Brexit still on ignore. If we go down more I'll probably redraw with it in consideration. Bottom of midterm channels are just parallel reflections of the top. I would like it better if the VIX gets below 15 into the bigger box. Day traders are probably loving this volatility:

Haven't done a SPY chart in a while. Higher low is from Jan-Feb correction through Brexit dip:

So watching Clovacco's video is this a successful retest of the longer term breakout?
https://youtu.be/9UdUUpky8Ys?t=1485

So we'll see come next week because D7 has us bearish.
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Here's his box in blue-green but I cut some of the peaks a little bit:

Originally Posted by Bquat

Haven't done a SPY chart in a while. Higher low is from Jan-Feb correction through Brexit dip:

I am going to look at this chart on Monday and really like it....or really hate it!

The funds:

It's surprising how fear left the market. Where did it go? Is this a cup and handle?