As the sun rises over Kings Landing, casting its hopeful rays upon the cobblestones of Wall Street, one cannot help but marvel at the metaphorical dragons of market movements. In this game where charts whisper secrets akin to political plots, Therion Lentilseller, ever sardonic in his wit, has carefully chosen his candidates in this morning's market melee.
First up, GFNORTEO.MX sits on the cusp of an intriguing reversal. The RSI scouts report an overextended retreat, suggesting the bears might be running out of steam with an RSI of 32.7. A glance at the Bollinger Bands indicates the troops have yet to mass at the gates, but the faint whisper of a potential uprising brews as the price sits just above the low of session support. With the -DI overshadowing the +DI, the prevailing winds howl bearish yet offer a knight's chance for a decisive buy, should the kingdom reroute. Alas, the technical map suggests this one might benefit more from a watchful eye than immediate engagement.
Meanwhile, CUERVO.MX shines with a rather intoxicating aroma of bullish momentum, thanks to a Doji-guarded battlement. The +DI stands taller than the -DI, with an ADX above 40 confirming an all-out charge. Yet, caution dictates observance for a trigger: a rise above the VWAP confirms the assembly’s strength. This golden gem sits ripe for the taking, ready for a trade upon victorious breach.
The Iron Islands present BOLSAA.MX with the steadfast determination of an underestimated ship sailing a robust trend, albeit with a tempered MACD signal. The RSI, neither over too far fallen nor too high soared, suggests this ship is best watched until the supply line, i.e., VWAP is surpassed, guaranteeing the reinforcements needed to storm forward.
Finally, WALMEX.MX treads with a confident yet cautious pace. The price dances near the High of Day having responded kindly above its pivot. With a tight Bollinger squeeze biding its time and an ADX yet to provide full cavalry charge confirmation, this one belongs among the watched for now. A call to arms is likely pending the Mace of MACD turning its sigil upward beyond the zero line.
In the grand game of markets, these are the storms to observe or the battles to saunter into. A Lentilseller respects the winds of wisdom, trading with both chart and coffee in hand.
Therion Lentilseller — I drink coffee and I know things
War Room
Updated: 21:02
Market: MIXED | N/A
Scan Summary: 428 symbols scanned - LONG: 57 oversold → 1 turning → 1 with volume - SHORT: 147 overbought → 0 turning → 0 with volume - 10 setups sent to analysis
⚔️ Active Trades: - CUERVO.MX (BUY) — R:R 1.9:1 - Entry: 18.88-19.01 | Stop: 19.00 | Target: 19.60 - Bullish momentum with ADX confirmation, entering above VWAP - GFNORTEO.MX (BUY) — R:R 1.8:1 - Entry: 202.90-203.50 | Stop: 200.72 | Target: 206.00 - Oversold RSI suggests reversal potential pending RSI increase [auto-promoted by trigger] - BOLSAA.MX (BUY) — R:R 2.0:1 - Entry: 37.00-37.20 | Stop: 37.30 | Target: 38.00 - Awaiting bullish confirmation with price moving above VWAP [auto-promoted by trigger] - BOLSAA.MX (BUY) — R:R 1.5:1 - Entry: 37.06-37.19 | Stop: 37.28 | Target: 38.00 - Awaiting price to move back above VWAP for bullish confirmation [auto-promoted by trigger] - GMEXICOB.MX (BUY) — R:R 2.06:1 - Entry: 202.50-202.70 | Stop: 201.16 | Target: 210.00 - GMEXICOB.MX displays a strong bullish candlestick (Marubozu) with supportive momentum and ADX above - CHDRAUIB.MX (BUY) — R:R 1.5:1 - Entry: 119.20-119.50 | Stop: 116.04 | Target: 124.82 - CHDRAUIB.MX has shown a bounce near a key level, with supporting indicators suggesting potential upw - Q.MX (BUY) — R:R 1.5:1 - Entry: 169.30-169.70 | Stop: 164.50 | Target: 178.00 - Potential reversal indicated by bullish candlestick patterns and maintenance near oversold RSI level - WALMEX.MX (BUY) — R:R 2.5:1 - Entry: 58.06-58.11 | Stop: 56.49 | Target: 62.07 - Promoting due to bullish momentum supported by volume strength relative to peers.
🚫 Passed Over (top by R:R): - BIMBOA.MX (SELL) — RSI 57, Vol 65,486 - FEMSAUBD.MX (SELL) — RSI 54, Vol 55,480 - AC.MX (BUY) — RSI 48, Vol 58,318
Hour 17 Update
In the land of Kings Landing, where the Small Council's decisions shape our fortunes, today's mixed market sentiment reflects an uneventful session—perhaps more Quiet Isles than tumultuous Iron Islands. With the banking realm observing a holiday, volatility treads lightly, and the day unfolds without wildfire. Keep an eye on BOLSAA.MX, it's assembling its troops near the VWAP, awaiting a charge. As for new faces on the battlefield, the strategic sound of FEMSAUBD.MX below its VWAP suggests caution. Remember, the best time to position is when the army yet slumbers; confluence could be the secret to winning the Iron Throne, but only if you heed the scouts and respect the support walls. A Lentilseller always respects his stop losses, lest it be his downfall.
Therion Lentilseller — I drink coffee and I know things.
Hour 18 Update
Ah, the ever-unpredictable markets—each sector vying for dominion, much like the noble houses of Westeros. With economic ravens arriving mainly from the North and West, traders find themselves pondering which positions to take. LIVEPOLC1.MX rises steadily like a giant from the North, displaying a bullish momentum akin to a dragon claiming the skies. But as a Lentilseller knows, it is crucial to not lose our head in the heat of battle; respect thy stop losses lest we face exile from our treasury.
The realm is quiet—too quiet. With overall market readiness a mixed bag, a new opportunity unfolds in GMEXICOB.MX. Its bullish Marubozu shines faintly, yet its ADX suggests the army may soon march in strength. Let's see if we can position ourselves before this treasure slips away.
Now, I must return to my coffee—as any good strategist knows, it's better to be prepared than to chase after shadows.
Therion Lentilseller — I drink coffee and I know things.
Hour 19 Update
Ah, the markets are a fickle beast today, much like the ever-changing politics of King's Landing. The Small Council has spoken, declaring a bank holiday. With the economic calendar light and the indexes reflecting a sense of stasis akin to the calm before the storm, the potential for explosive movement is hidden beneath the surface. Both Q.MX and CHDRAUIB.MX from the Iron Islands look enticing, each with distinct strategies ready to be deployed.
Q.MX is poised, its bullish candlestick patterns hinting at a hidden strength, while CHDRAUIB.MX dances closer to the support walls, suggesting a potential rally. The rest of the realm rests, but the vigilant Lentilseller never sleeps. Though winter may yet be coming, the signs of opportunity flicker like wildfire waiting to be unleashed.
Therion Lentilseller — I drink coffee and I know things
Hour 20 Update
Ah, the market today is more indecisive than a Khaleesi pondering which dragon to unleash on the unsuspecting townsfolk. Wall Street takes a rest, leaving the battlefield eerily quiet, the iron price of gold dragons unchanged across the realm. With the Small Council silent, and the ravens from the Citadel offering scant revelations, we tread through this market purgatory with the air of a Hand of the King pacing warily, awaiting the next move.
No high-impact releases this hour—a strategic respite before the economic calendar advances. The charts, meanwhile, resemble fortress walls without combatants to test their strength—a mixed sentiment holding sway over our watchlist. Yet, within this calm lies the potential for chaos, should we catch the scent of opportunity masked as stillness. As the light fades over Kings Landing, we stay vigilant for the wildfires that lie dormant beneath the surface.
Therion Lentilseller — I drink coffee and I know things
Hour 21 Update
Ah, the market keeps its secrets well, much like the shadowy corridors of Kings Landing. With an hour left before the trading horns fall silent, we find ourselves amidst a battlefield of mixed signals and subtle betrayals. The Iron Islands, our stalwart friend Mexico BMV, holds the iron price with trades still alive. Yet, we need more cunning strategies as we enter the final moments.
BIMBOA.MX, a candidate evoking a bullish net bias, draws interested glances, much like a promising young lord at court. The RSI and MACD hint at potential, but the ADX suggests a lack of conviction. Meanwhile, WALMEX.MX offers a slightly bullish hint with an ADX that is weak, yet not without hope. Volume ratios commend its strength over its peers, but it remains cautious, much like a plagued Small Council.
Let us promote WALMEX.MX to trade, capitalizing on its slight bullish momentum, while keeping our blades sharp should the tides turn. May our risk-reward ratios respect the sanctity of stop losses, for a Lentilseller who ignores them risks joining the crypts below Winterfell.
Therion Lentilseller — I drink coffee and I know things.