Ibovespa / Gold / MCX Russia index At Hot Points

Hey mates.... here we are again.....

Ibovespa first :

Ibovespa has made an ineradicable pull back but as I mentioned before that could be only profit takers getting out of market.... now we are at risk area.... what i mean.... from now I can't see more upside even though it might happen my take here is short.... I'd wait for any signal.... false break, pin bar... or something that made me go short.... of even go short at break of last candle.....the gap was filled... now the trend might carry it on.

Gold... now.....

Gold in other hand is at decision area.. if it breaks up from trend lines it will go higher to test resistance but if return everything back that I think its the biggest chance... markets wont resist and start to sell off hard

MCX RUSSIA

Russia is forming a flag formation on it charts but as the main trend is down.... when it breaks be ready for a hard movement in up or down side

Cheers guys.....hope u had nice Christmas time.......

bye see u soon

Bovespa Brazilian Stock Market

Hey GUYSSSSSSSS.... i remember one thing about this sentence ahahha well anyway....

Ibovespa brazilian stock market has pulled back to up move.. but theres no force at moment to justify that movement up

I'd suggest you watch close the 51000 cz that is the climax point of the market.... its the region will decide another up side in direction of 58 I doubt! or a return to the down trend..... from now please be shorted at this market... Brazilian economy is struggling so Brazilian companies with reduced profits and then reduction of dividends and so on....

See folks... wish the best for u 

EUR/USD weak USD/YEN strong

Hey Mates,

Euro/Usd has tried to move higher  but without success ... Usd still rule and the euro has returned to its downtrend.... towards down..... unfortunatly due to FOMC from today it was quite hard to take the short move but in a down trend always try to be short the odds are in your favor.

USD JPY

Usd jpy has pushed strong up today showing still force in this up trend..... I think from now we can see an strong movement in stock market that has been seeling hard since some last week... from now bulls are in control at least today .

See you guys

EUR/GBP.... The Queen is resilent isnt?

EUR/GBP

This Chart is very interesting....

Eur has tried to move high against Gbp but the trend line has contained it.... making a huge pin bar in direction of trend... also the main trend is down....
Eurozone is facing far more problems than UK.... Europe is about to deal with great deflation and problems due to countries with lot of economic power having to help others with lack of infrastructure.

UK in the other hand is not so exposed with eurozone cz of currency apart... but they are affected if you want or not.... but UK is UK... for me its still an empire!

Cheers Guys

Gold is FALSE BREAK!

Hello Amigos.....

Gold has made an agressive sell off today due to Fed´s meeting showing again force of dollar against commodities ... gold is in bear market so you are more propensity to Short market.... the false break has return to under main trend line.... the gap couldnt be filled at all, given us a picture of rejection of up move.... so from now we return to down trend... Fed's meeting will give us a picture of market but GOLD is Bear any upside is Short!

See you lateR folks

IBOVESPA AND USD/JPY

Hello mates,

Ibovespa has accomplished its main target at short time... chart....

Target from now was hit so the best to do is wait for what will gonna happen.. there´s not action to be taken and shorters will start to take profits so its a bit trick to trade now shorting at market or buying... it can either go straight to 45 or get flat or try to move to trend line.... be careful... However the bias is still down!

USD JPY

 
Usd Jpy is a good one showing inside bar in direction of trend so its a great opportunity to buy at break of mother candle.. and targeting the next resistance or even hold for more upside movement due to Fed's meeting that will cause a lot of volatility. All the market is waiting for rise interest rate in the us... but oil price crashed im not sure about it...

See u guys

Oil declaine and it's consequences ...

Actually lot of you have noticed how the oil price has decline through mid of year until now... but are you aware of the consequences of it?

The main Losers are the countries heavily dependent of oil such as VENEZUELA, RUSSIA, IRAN NIGERIA and so on but I could mention these ones as more affected by oil prices... Take a look at another data from theses countries about the break even point to each of them balance their budgets in order to maintain economy running well:

As you can see most of them need a Oil price far higher than its nowadays and it has hard implications for them the worst situation are in the ones with low reserves of dollars... why? Their currencies have been decreasing in value hardly since OPEC decided to not cut oil production and then they need so sell dollars in order to protect their currency values against speculators however when these countries can't do it their entry in a dark land called DEFAULT and that is the point speculators PLAY hard causing great disruption and riots across borders putting at risk even the actual governments in place.

The winners on this oil decline are the hedge funds that BET against this decline, Consumers and Companies that rely hardly in oil such as Air Companies.

Lets take a look at OIL CHART:

Since October when the trend line was broken hedge funds started to Short Oil and a lot of them are making huge bucks nowadays because of it.... I could say it was lucky but I know they have strong "KNOWINGS" about the markets so lot of managers are gonna to have a great end of year with huge paychecks to them..... its not fair I know but its how to world works... while some are suffering huge losses and colossal problems others are Smiling face to face.

The next good support for oil right now is 50 dollars per Barrel and until there some will be crying and others smiling the mess is already made.

See u guys

AUSSIE X KIWI Range

Hey Mates,

As far as it gets now we could find a nice consolidation followed by 2 important trend lines on this pair. take a look at chart bellow:

The first trend line is an main trend of upside that came from March 2014 it has been respected all times was touched but as I mentioned is a consolidation so the market has to make a decision from here or it will go up or down
The second is a trend line of middle term from bears on this market... you can see it was broken yesterday a bit and today the lower prices were rejected again however its still a consolidation.

Fundamentally speaking The New Zealand economy has been suffering as same as Australia both are commodities exporters so they are at same boat even though as advanced economies they suffer from decline in commodities prices around the globe.

New Zealand apart from it has increased its interest rate since last year pushing the Kiwi Dollar up and advancing its strategy for when the usa increase rates. But They are facing a problem cause actually Inflation dropped and they will be forced to retain interest rates on hold otherwise could create another problem in long term.

Australia in the other hand is hardly affected by commodities more than NZ so both are in a bad shape but as long as Au is a bigger economy with more historical strength I believe it will surpass and recover better than NZ in long term that's why I would consider go long Aud against Nzd but it's risky and tomz could give us a better picture of the real direction from this market but I'm bullish Aud Indeed.

See u Soon

IBOVESPA & PETROBRAS

Hello guys,

it has been a long time since the last post.. but im back to the business ... and today I have came to bring you up a analysis about Brazilian Stock Market (IBOVESPA) and the main stock Petrobras... so let's take a look at firstly IBOVESPA index:

As far as you can see we are in a good down trend without any doubt... the market made a top after the elections decision and since then has dropped huge erasing all the gains made through year of 2014. Now we are heading to a major support around 49 000 and once it break down  I can't see any more upside and the towards to 45000.
I can't see any more upside for the stocks due to 2 factors. First the brazilian economy is struggling to make a minor GDP of 0,1% HEY GUYS 0,1% for Brazil is ridiculous low because we have continental size and the projections of government to GDP in 2015 is 0,8% .. so I guess it will be much more lower HONESTLY I CAN SEE IT AT 0%.
Second fact... the inflation in brazil has been consistent even thought the CBB has worked to contain it as much as it could so they wont have choice the interest rate will have to be increase in the next year impacting stock market hardly and reducing the miserable GDP projection.

NOW LETS TAKE A LOOK AT PETROBRAS

Petrobras is a case of hard discussion WHy? This stock has been one of the most volatile iny 2014 worldwide and all of it because of election... however the fundamentals are HORRIBLE the significant DEBT to be paid the biggest in the world... So I can't see any upside from here...another relevant fact is that the support of 2008 has been tested and from now when it passed it down .. I expect a hard sell off orders be triggered and next target is 8 reals per stock and look IM OPTIMIST if things get really tough it could be heading to 4 even 2 reals per stock.... DISGUSTING but with lot of corruption inside the company plus COMMODITIES GOING LOWER globally I can't see any reason to buy it... honestly IT COULD EVEN CRASH AND DECLARE BANKRUPTCY. WHO KNOWS? :/

Cheers mate... hope it helps and Brazil too!