Volume bearish divergence, overbought RSI, MACD crossed
Despite of the not so good results, the chart with the retracements points out a good risk/reward ratio.
It seems this retracement is creating a falling wedge at the same time a Bull flag for USD, the oil prices will not help Pemex to maintain the investment grades and this may drag down other mexican debt instruments
Waiting until the dead cat finish its bounces to buy QCOM on the support or the RSI touches the oversold range
Bear flag, ascending wedge, bearish divergence, RSI Overbought, possible retest to 2800K support.
RSI frequently overbought Ascending wedge Bearish divergence Parabolic price rise
BABA makes me think about a false breakout to bounce to the top resistance at the middle of the channel.
Let see if this can change a bit just to let breath the mexican stock market, I suppose the government have to announce some tax reduction or some financial aid to the private sector at some point, so lets see if they can say something useful before another weekly candle closes in red
USDMXN Ascending wedge, right now MXN is not so attractive but the price cannot keep this parabolic movement
ada/usdt MAYBE OVERSOLD, FIB SUPPORT