As a Lentilseller sipping steaming coffee and surveying the battlefield of charts, the realm today is one rife with bearish tidings. The Small Council (Federal Reserve) is poised to release their decision, a raven that will set many a market heart aflutter. With ATR_Pct indicating heightened volatility in the markets, it's clear that winter is indeed coming for many. Yet, in this chaos, I see ladders.
Let's delve into the peculiarities of the day’s candidates. Amidst the frigid winds of the North (NASDAQ tech sector), PRIO3.BZ emerges from the heated sands of Dorne (Brazilian market) like a phoenix. It's climbing towards its high at 65.10, boasting a bullish RSI of 72.3 and a strong trend with an ADX of 58.9. The unyielding advance past the 62.57 opening looks like a wildfire breakout. With an entry at current pricing, I eye a target scaling above 68.30, set against the winds should the pillars at an ATR of 3.04 falter. The gold dragons lie spread beyond that target.
Meanwhile, the markets dance to the sound of war drums, and I fix my gaze on ASAI3.BZ. Its RSI sits precariously at 33.5, stewing just above the oversold territories. We shall bear witness if momentum shifts, the MACD reaching positive slopes as a scout might herald an advancing army. Await a change of tune, a brave candlestick perhaps lighting the path. Should it pierce above its pivot of 7.96, our strategy calls for preparing positions into its current bounds.
Finally, COGN3.BZ piques interest as its RSI inches up at 41.6, hinting at a bullish divergence amidst a bearish storm. Candlesticks send signals – the bull's Doji formation speaks volumes to those fluent in this language of the markets. Await the ascent past the VWAP, akin to knights claiming the high ground, before a move is warranted. Each step taken reverberates, thus watch for signs these shadows transform into solid footing.
Winter's frosty breath shivers the spines of less tacticians, but strategic minds find warmth in well-placed stops, profitable locks. Lend your ear to the candlesticks, the murmurs of MACD, and know that even in markets where dangers abound, serenity must be sought between the cricos of brewed concoctions.
Therion Lentilseller — I drink coffee and I know things
War Room
Updated: 21:02
Market: BEARISH | SPY -1.9% | QQQ -2.0% | EWZ -2.4% | EWW -2.6%
Scan Summary: 189 symbols scanned - LONG: 61 oversold → 11 turning → 10 with volume - SHORT: 20 overbought → 3 turning → 3 with volume - 116 setups sent to analysis
⚔️ Active Trades: - PRIO3.BZ (BUY) — R:R 1.5:1 - Entry: 64.90-65.10 | Stop: 63.01 | Target: 69.50 - Strong trend with ADX 58.9, RSI 72.3 showing bullish momentum - ORBIA.MX (BUY) — R:R 1.5:1 - Entry: 19.06-19.19 | Stop: 19.24 | Target: 20.05 - Strong bullish momentum and breakout above OR suggest a continued rally. Confluence with an advancin - ENEV3.BZ (BUY) — R:R 1.65:1 - Entry: 22.65-22.75 | Stop: 22.91 | Target: 24.30 - Momentum is climbing with strong volume support, suggesting a breakout play. - MFII11.BZ (BUY) — R:R 1.5:1 - Entry: 73.50-73.65 | Stop: 71.91 | Target: 76.25 - Bullish signals coupled with a favorable ATR indicate potential for an upward swing. - GRUMAB.MX (BUY) — R:R 2.833:1 - Entry: 308.50-310.10 | Stop: 307.38 | Target: 318.00 - Breaking higher with index alignment, watching for volume confirmation [auto-promoted by trigger] - SPXS11.BZ (SELL) — R:R 4.43:1 - Entry: 8.44-8.47 | Stop: 8.46 | Target: 8.30 - RSI is at 20.8 suggesting overextension with ADX above 84 showing strong conviction. - GOGL34.BZ (BUY) — R:R 2.0:1 - Entry: 133.90-134.10 | Stop: 132.56 | Target: 137.64 - RSI_14 and MACD_Hist show potential for reversal; aligning with market breadth. - BRBI11.BZ (BUY) — R:R 2.5:1 - Entry: 19.06-19.18 | Stop: 18.89 | Target: 20.16 - RSI has reversed, scouting for further price strength confirmation. [auto-promoted by trigger] - MXRF11.BZ (BUY) — R:R 2.3:1 - Entry: 9.71-9.76 | Stop: 9.66 | Target: 10.00 - ADX suggests impending strength and stochastics align with bullish setup. [auto-promoted by trigger] - BRAP4.BZ (BUY) — R:R 2.5:1 - Entry: 21.90-22.10 | Stop: 21.50 | Target: 23.25 - Promoting now due to Doji pattern and potential for reversal amid bearish market.
🚫 Passed Over (top by R:R): - CYCR11.BZ (BUY) — RSI 3, Vol 26,502 - IBCR11.BZ (SELL) — RSI 80, Vol 12,076 - CMDB11.BZ (SELL) — RSI 76, Vol 79,975 - TAEE4.BZ (BUY) — RSI 24, Vol 284,000 - KNHY11.BZ (BUY) — RSI 26, Vol 32,449 - ...and 41 more
Hour 16 Update
In the grand game of markets, the Iron Islands of Mexico stand out today, resilient amidst the tumultuous seas. Our gaze naturally turns to ORBIA.MX, with its bullish momentum aligning akin to a rising tide. Its ascent above the opening range signals a breakout fit for a king fighting for the Iron Throne, making it ripe for conquest. The RSI of 67.4 speaks of an advancing army, asserting dominance over its adversaries; meanwhile, a strengthening ADX hints that the campaign is backed by a formidable force.
Promoting ORBIA.MX to a trade fits our ambitions, with a keen eye on the evolving battle. As we commit to this strategy, we do so acknowledging that the field of battle is ever-shifting, ensuring our forces are positioned effectively to capitalize on this opportunity. Respect the stops, for a Lentilseller who forgets his debts sees his fortunes evaporate quicker than the falling of a condemned dynasty.
Hour 17 Update
The realm of markets is no place for the faint-hearted today. Kings Landing, or rather Wall Street, reels under a bearish siege, with our beloved Iron Throne slipping further from the grasp of those longing for gold dragons. The North, ruled by giants AAPL and MSFT, struggles against a backdrop of chilling winds. Meanwhile, the economic ravens from the Citadel bring tales of tumult from the day’s reports.
In this charged atmosphere, our strategic eye falls upon ENEV3.BZ — its bullish momentum charging from the depths, much like Daenerys' dragons once devoured the foes of the Seven Kingdoms. A wise Lentilseller reads the battlefield for opportunity amidst chaos. This is a time to harness the rising energy of this stock and lay a calculated ambush. Simultaneously, MFII11.BZ emerges from the shadows with stealthy bullish signals, offering a chance to bolster our position even as winter encroaches.
Proceed now with caution, for an impulsive Lentilseller finds only ruin. Here’s the plan:
Hour 18 Update
Ah, the battlefield of the financial markets, where absolute dominance on the Iron Throne can elude even the mightiest of houses. Today, the skies of King's Landing are indeed cloudy as bearish dragons roam, casting long shadows over Wall Street. The maesters of the Citadel have sent their ravens with whispers of economic releases that promise chaos—or opportunity.
As I sip my coffee, pondering the fate of the Northern tech giants, I find myself gravitating towards the resourceful sands of Dorne or, perhaps, the underestimated coastal shores of the Iron Islands for fresh conquests. With the overall market sentiment tilting bearish, a cautious Lentilseller always respects his stop losses.
From my vantage, I see GRUMAB.MX poised at the entrance of opportunity with its RSI signaling overbought conditions. And yet, there lies potential beneath the volatile surface. Meanwhile, PSSA3.BZ stands as a glittering candidate on the eve of its breakout—perhaps a sign that the whirlwind of wildfire could soon spread across its chart.
Now, onward to decisions worthy of a maester of the markets!
Hour 19 Update
When one wanders the fog of a bearish market, where the Iron Throne seems distant and elusive, a Lentilseller must find the sharpest swords in his arsenal. The North, bearing giants of tech, pulls the entire realm down with it. Chaos indeed is a ladder for those daring enough to ascend. SPXS11.BZ calls for attention with a Marubozu, a symbol of decisive bearish advance. Meanwhile, WALMEX.MX is veiled in bullish deceit via multiple Dojis surrounded by generally bearish signals — a trap for the unprepared who’ll be lured by false gold dragons. Discerning true opportunity from a feint is every strategist's challenge.
Discern wisdom's path, and you might harvest enough gold dragons to overcome the market's frosty demeanor. Yet, remember, a Lentilseller who ignores his stop losses is a dead Lentilseller.
JSON:
Hour 20 Update
Ah, the realm of Dorne—otherwise known as Brazil B3—is full of drama and fiery swings today. I suppose it’s just another sunny day in this hot and volatile land of lentils. On the battlefield where chaos becomes opportunity, our current sentiment leans bearish, much like a heavy fog descending from The North. As the markets migrate southward like doomed ravens from the Citadel, a Lentilseller knows, "Winter is coming."
Yet, the nightly council of charts whispers potential in assets like BRBI11.BZ and MXRF11.BZ, akin to the shining prospects of The Iron Islands' resourcefulness. Meanwhile, a candidate like GOGL34.BZ seems to offer tactical promise; the scout’s reports from RSI and MACD hint at a possible reclamation—not unlike a strategist plotting to reclaim the Iron Throne.
Though we cannot move our forces of active trade, the aptly positioned new Yorks and conjunctures shall not be squandered. It's clear that amidst the storm, timely maneuvers can yield golden dragons—if we heed both ISLE activity and take hold of promising opportunities as they present. Remember, "when you play the game of markets, you win or you get stopped out."
Hour 21 Update
Ah, the plants are whispering tales of a bearish siege upon the markets, and those revelations from the Citadel have turned the balance of power. With our Northern tech giants in retreat, and the forces from the Iron Islands battered by the economic storm, we find ourselves strategizing on narrow margins.
The iron price demanded in Mexico and Dorne suggests that vigilance is the only path. The EWZ (Brazil ETF) and EWW (Mexico ETF) bear the brunt of the assault, down significantly, and the RSI scouts lament an overextension in several territories; meanwhile, the war drums of MACD grow silent for some.
Warriors, we must heed the tide's ebb and flow. Promotions must be executed with precision, embracing volatility yet respecting the bear's growl. With the day nearing its end, BRAP4.BZ caught my eye; its pivotal Doji offers hope amidst the fall, suggesting potential for a strategic extraction.
Therion Lentilseller — I drink coffee and I know things