Todopoderoso

Todopoderoso

we see the gap fell below the 200ma on the 2hr and also an important support at 281. i expect a test to the 272 area and bounce back to 281 . a break below 272 we are looking at the possibility of retesting those lows or even take them out.

Todopoderoso

usd mxn is a short at this time but still trading inside the channel. podemos ver que el TD9 en las 4hr esta en el numero 9 lo que sugiere una caida del usdmxn. tambien ay una correlacion entre el indice estadounidense SP500 cuando el indice sube el peso baja y viceversa. entonces basado en eso podemos esperar que el lunes el peso suba a por los ~20.24 por el...

Todopoderoso

even though the td doesnt guarantee a consecutive upside or downside movement, we see that we reached the maximum number to the downside and also we are at the bottom of the linear channel. i expect a retrace from here at leat to 285 i will be ready to short once the signal flips from green to red and based on the resistances before theres a chance it gets...

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hey guys i was making an observation on the weekly time frame using the Vlf and i notice that the signal line the yellow line havent yet cross over the volume length(green line) not yet giving us a buy signal. so i think this rally will go back to as low as 2500 if we fallow fib levels. i could be wrong though but that just an observation i made. eventually i...

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looks like its losing some momentum. maybe go lower

Todopoderoso

got rejected at major resistance , missed quarterly earnings, revenue declining year after year. failed to offer next quarter Guidance, Zacks holds a (4)Sell sign, Morgan Stanley lowered its target price to 90. nothing is holding this stock up in the short term. the infrastructure bill could help boost it a little bit but for for the medium to long term , this...

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sorry no V shape recovery. after major companies failed to offer second quarter Guidance and many predicted a decline in revenue and other costs. nothing will keep the price up anymore. a vaccine is months away and a treatment is helpful but it wont be enough for the economy to recover quickly. country opening back up will only show the real damage the virus has...

Todopoderoso

we can see the 200ma on the daily very close at 300.and allmost at the top of the linear channel also the money flow is near overbought. we know that the economy is in far worse state than the stock market currently reflects. we need to accept the fact that SPY completely detached itself from reality. just because the blue chip companies are doing fine doesn't...

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touching the 50ma on the weekly also the 61% fib retracement acting as resistance , if we can qonquer those levels then 11K is very possible and even 15k. we might need to retrace a little bit before a more powerful move , now the bulls are losing a bit of momentum

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we can see xrpusd is againt 3 major resistance levels. the 200MA the 50%fib and the linear channel. so that being said its going to take a lot of buying pressure to go through those 3 levels at once and at current state most of the other indicators are overbought. so i expect a retrace to the 0.20 area if not lower. note that if it manages to closes above 0.23 on...

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negative divergence detected on the daily OBV . also mf is near overbought. i expect a retrace very very soon.

Todopoderoso

we can see clearly something is wrong here. theres no buying pressure to justify the huge rally. it will soon come to and end, nothing is holding the price at these levels

Todopoderoso

thank the fed ...even if the economy is in bad shape it only matter the earnings of 5 comanies. which make 20% of the s and p. if these companies are doing good the index does good.

Todopoderoso

high possibility that it can go to 0 again. with no where to store the oil and demand so low. no one wants oil. we can see the fib levels and below the 50 ma on the daily.

Todopoderoso Updated 

next Wednesday we have the gdp report. which should have a negative impact on the markets, but also the same day the fed meets on interest rates, there is a possibility that they cut interest rates to negative in an desperate measure to stimulate the economy and that would neutralized the GDP report. in a short term that should spike the stock market because ...

Todopoderoso

resistance now at 200ma and fib 61% should bitcoin conquer that level and go above next targets are outlined. or it could retrace a bit then a final push.

Todopoderoso Updated 

a possible mini bear flag on the 15m? invalidate if break avobe

Todopoderoso

it should get back to 7300 rsi is overbought and mac cross on the 1hr .. could possibly retest mid line at a second target ~7000.