Ah, another brisk morning at King’s Landing, the metaphorical seat of financial power we know as Wall Street. As the traders ready their armor and sharpen their strategies, we delve into the latest battlefield reports, pushing aside the trivial in search of financial gold dragons and triumphant victories.
The realm faces a decidedly bullish sentiment today, with mighty giants like SPY and QQQ leading the charge, showing promising gains. Brazil's EWZ stands robust as Dorne's hot, commodity-fueled vigor powers a +1.63% rise. The Iron Islands, manifest as Mexico's EWW, echo this strength with a +1.72% climb—truly a day to sail forth with a bold heart. But be ever so wary, for the maesters whisper of possible turbulence as word spreads of important economic data freshly released.
Among the array of charts on the table, two candidates gleam with potential. The first under our tactical lens is GGRC11.BZ, which flaunts a promising bullish arrangement, adorned with the coveted Doji candlestick—an omen of reversal. Despite a slight MACD-Hist downturn, its RSI remains resilient, standing ready to march upwards. Yet, its current positioning, just a whisper away from key resistance levels, demands it break free to confirm the uptrend.
Our attention then turns to TSLA34.BZ. Currently at 66.07, it has burst forth from its opening range with gusto, climbing atop its VWAP like a knight planting a banner on a conquered peak. The robust RSI of 65 speaks of hidden strength, though the slightly negative MACD Histogram cautions patience. With a bullish index tailwind, the plus DI leads the charge, suggesting further upward momentum. Yet, one awaits a decisive move past the VWAP for confirmation before making a strategic advance.
Trading is not for the faint-hearted. A wise Lentilseller respects the venerable walls of support and resistance which separate profit from chaos. Today, we deploy strategies designed to conquer such technical fortifications and profit from the ensuing wildfires—volatile moves that could unlock treasure troves for those with sharp instincts and a ready sword.
In the game of markets, profits are not given; they're taken. Take heed of the signs, align with the bullish sentiment, and strike where confluence beckons. But heed well the sword of caution—lest ambitions blind and risks exceed rewards.
Therion Lentilseller — I drink coffee and I know things.
War Room
Updated: 21:02
Market: BULLISH | SPY +0.8% | QQQ +0.8% | EWZ +2.5% | EWW +2.2%
Scan Summary: 161 symbols scanned - LONG: 26 oversold → 8 turning → 8 with volume - SHORT: 16 overbought → 2 turning → 1 with volume - 63 setups sent to analysis
⚔️ Active Trades: - TSLA34.BZ (BUY) — R:R 1.67:1 - Entry: 66.00-66.20 | Stop: 65.22 | Target: 67.60 - Bullish momentum with index tailwind and bullish candlestick pattern - AAPL34.BZ (BUY) — R:R 2.31:1 - Entry: 66.70-66.81 | Stop: 66.02 | Target: 68.50 - Strong bullish trend with RSI signaling further upward movement and market inclination. - PETR3.BZ (BUY) — R:R 2.13:1 - Entry: 50.25-50.35 | Stop: 49.84 | Target: 52.00 - Momentum supported by strong ADX and bullish DI crossover, favoring further market advancement. - NATU3.BZ (BUY) — R:R 1.5:1 - Entry: 8.68-8.72 | Stop: 8.33 | Target: 9.30 - Oversold territory and positioned for a possible rebound from lower Bollinger bands in a bullish EWZ - RBRX11.BZ (BUY) — R:R 2.74:1 - Entry: 8.63-8.70 | Stop: 8.60 | Target: 8.98 - Promising momentum with bullish Marubozu pattern suggests a favorable short-term rally. - KNIP11.BZ (BUY) — R:R 2.0:1 - Entry: 92.10-92.30 | Stop: 91.21 | Target: 94.40 - ADX indicates strengthening momentum with +DI dominance, suggesting potential bullish breakout. - IVVB11.BZ (SELL) — R:R 2.0:1 - Entry: 394.00-395.00 | Stop: 395.95 | Target: 390.00 - Watch for bounce at EMA_20 and position near LOD [auto-promoted by trigger] - RZTR11.BZ (BUY) — R:R 2.5:1 - Entry: 95.75-96.00 | Stop: 94.48 | Target: 99.36 - Strong bullish signal with Marubozu and rising ADX, aligning with bullish market sentiment. - KNCA11.BZ (BUY) — R:R 2.5:1 - Entry: 95.30-95.55 | Stop: 94.00 | Target: 98.99 - Marubozu bullish pattern with market sentiment support, and positive index alignment.
🔮 Watching: - XXPL11.BZ (SELL) - Broken support with bearish candlestick signal and declining MACD
🚫 Passed Over (top by R:R): - GTWR11.BZ (BUY) — RSI 10, Vol 12,978 - CMDB11.BZ (SELL) — RSI 80, Vol 16,729 - IFRA11.BZ (SELL) — RSI 77, Vol 14,737 - VCJR11.BZ (BUY) — RSI 25, Vol 12,737 - RZAG11.BZ (BUY) — RSI 28, Vol 191,028 - ...and 42 more
Hour 16 Update
Ah, the markets this afternoon remind me of a Game of Thrones feast — lively, with underlying tensions brewing beneath the surface. The NASDAQ tech giants of the North (AAPL34.BZ) and beloved dragons of Dorne (PETR3.BZ) are showing promising signs of upward movement, aligning with our overall bullish bias. As the prophets of technical analysis, the MACD's subtle drumbeat and RSI's feigned retreat signal that these trajectories could offer golden opportunities.
In terms of strategic deployment, I fancy AAPL34.BZ. Its RSI indicates a robust presence, akin to a Lannister bannerman pushing into enemy territory with confidence. Meanwhile, for those drawn to the raw allure of the Iron Islands, PETR3.BZ displays a great setup. Despite whispers of bearish candlesticks, the trend strength hints at continued bullish momentum. These trades possess the elegant risk-reward ratio any seasoned Lentilseller desires — exceeding our crucial 1.5:1 ratio by a healthy margin.
As for the watchlist, GGRC11.BZ lacks the bite to overturn current resistances and takes a backseat in our chess game today. Remember, "A Lentilseller who ignores his stop losses is a dead Lentilseller."
Therion Lentilseller — I drink coffee and I know things.
Hour 17 Update
Ah, the Dorne of our markets, where EWZ is basking in a radiant glow. With such an outstanding performance, it seems fitting to scour its warriors — the candidates we're offered — for a suitable recruit.
NATU3.BZ beckons with its own story. Despite its subdued sitting below VWAP, its RSI shows the weary signs of a soldier on the rebound, at an oversold territory of 29.6. With volume on its side and the ADX confirming a weakened advance, the plan is to place our entry low—breaching the Bollinger bands — to capitalize on a potential bounce.
As for those discarded, IRBR3.BZ’s session has been as lackluster as a bard’s old tale, failing to inspire any rally back into the fray.
My trades aligned, my coffee stirred, it’s time to plot another move before winter marks its arrival with unwarranted bearish signs.
Therion Lentilseller — I drink coffee and I know things
Hour 18 Update
Ah, the battle lines of the market tapestry are ever-shifting. As the clock nears its midnight toll, our allies in the North—the NASDAQ constituents—are ascending like dragons unfurling their wings. However, not every banner spells fortune. RZTR11.BZ finds itself dancing dangerously close to the edge of a cursed resistance, with a candlestick pattern worthy of a song, yet not enough sustenance for this Lentilseller to place his stockpiles. Therefore, I shall liberate RZTR11.BZ from our watch as the shadows of doubt eclipse its potential.
As for our bravest knights, the mighty RBRX11.BZ shows a subtle but promising alignment, with a Marubozu and other bullish patterns lighting a faint path to fortune. The time is ripe to rally the troops for this campaign and ride the bullish wave—let us capitalize on this momentum before the Small Council convenes with unanticipated tidings.
Lastly, in the spirit of the Iron Islands, let us cast aside any featherweight strategies and steel ourselves for conquests born of astute analysis and calculated risks.
Therion Lentilseller — I drink coffee and I know things
Hour 20 Update
Ah, the game of markets is alive and bustling, akin to the shifting power plays among the houses vying for the Iron Throne. The North—our dear NASDAQ—stands resolute with the giants gaining ground, whilst Dorne, or perhaps Brazil B3, shows its fierce pulse with astounding returns on the EWZ ETF. Yet, let us not forget that the Small Council may soon send ravens from the Citadel with economic tidings.
Examining the battlefield, IVVB11.BZ presents itself with a bearish crossover resembling winter starting to creep in, but looks ready to confront the castle walls for a possible reversal opportunity. Meanwhile, KNIP11.BZ gathers strength, hinting at a bullish march with +DI gaining ground. There may be gold dragons aplenty should we catch these trends at the right moment.
Now, to guide our troops wisely, and respect our stop losses, let us execute with precision and prepare for the siege.
Hour 21 Update
In the heat of the late session, we find ourselves in a battlefield of opportunity, with our allies, the Bulls, pressing their advantage across the Americas. Under the scorching sun of Dorne, EWZ keeps its standard flying high, bolstering our resolve. The waves surrounding the Iron Islands roar, with EWW breaking through recent resistance like Theon at the helm. As these markets sway like Varys whispering secrets, the opportunity is ripe for conquest if one can spot the ladder within the chaos.
Among the new candidates, RZTR11.BZ stands with bullish vigor, a near Marubozu candle in hand, supported by the burgeoning forces of Bullish RSI and positive ADX. Moreover, KNCA11.BZ shows promise with the Marubozu signal calling for a potential breakout. Time is of the essence; the candles are aligned for a calculated assault.
Now, with fists full of lentils, let us make our moves. The iron price is always paid, but we demand gold dragons in return. The Wall awaits — defend or assault, but never retreat.