momo510

momo510

Although its been going slowly up. Due to Japanese interest rate increase as well as American, Global issues with inflation, devaluation of the Yen is healthy for the country due to current economic conditions. I think it will blow past 125 and close to 126, pull back then climb higher towards 130 in the next month or less.

momo510

from a weekly standpoint as the MACD and RSI are making a bullish divergence the Russell 2k has been going sideways for some time. I believe its consolidating to breakout and we are about to do so. Comments are welcomed.

momo510

Due to the current state of the global economy, commodities like oats are at all time highs. Oat futures are the highest they have ever been and today I called a top...for now. RSI and MACD on daily, weekly, and monthly are very overbought and seems that a correction is needed. I have placed targets 1 and 2 as a short term level. There is still a chance that it...

momo510

from a long term perspective crude oil might still have a ways down even with good news of production cuts. The resistance may be broken in the next month or two following the market sell off.

momo510

Currently I think we are in completion of the A and will retrace to B then down again to C. Massive volatility, we are in oversold territory but take it with grain of salt there can still be more pain to come possibly. Remember all, stairs on the way up, elevators on the way down.

momo510

overall chart shows lean hogs was at one if its lowest and now will go up. Symmetrical triangle shows it will go up because it doesn't make sense for a down move. The overall chart wants to break upwards. Going long!

momo510

There is a good scalp opportunity for Kansas wheat futures. Showing a shooting start, obviously needs conformation, however its on a downward momentum for a short term shorting opportunity but the long term trend is going up!

momo510

Reversal on GBP/MXN. looks like its hit the peak of its long term sideways move. I have the top and bottom placed with Fibonacci retracing around the 26.5 on the first level down.

momo510

Long term trend shows BTC is still weak and will continue to fall with weak volume, it will break under the support of $6,000 and fall below before it will start buying back up. Psychologically buyers will want to pay $$$ at $3,000/BTC to go to the moon and all the money will flood into the crypto market and eventually break above the $20K mark.

momo510

After a major downward movement finally it looks like there's some light on a turn of events. Seems that there is a trend reversal. If you look at a weekly chart, there is a hammer to hammer out the trend with this new trend heading up. The first target is set to near the 1.2 and after there are targets 2 and 3. It will take some weeks to unravel but there is...

momo510

USD/TRY has been going parabolic for a year and look similar to Bitcoin however you can't necessarily relate crypto to currency. I do however feel that due to the news people may still want to invest regardless of the look of the chart. Not sure about long term as the government is trying to stabilize the currency. However short term I feel it will pull back...

momo510

Been waiting for this set up for some time since I missed the bearishness of it going down. Bull time now. This currency pair looks like its made an inverted head and shoulder on the daily with higher high. On a weekly chart it's a hammer and waiting for a big bull run up to confirm. Currently the top can be a right bow since that is a middle ground for the...

momo510

USD/JPY looks like a trend reversal. Its been going on an upwards channel for the past few months and how it shows a shooting star with what looks like a trend reversal. It will probably go downwards.

momo510

MARA was a massive breakout last year and has been cooling down since. But lately I've been monitoring the stock and how its been moving. I've come to a conclusion that its broken out of its downward momentum and is now up a steady up trend. As a cautionary warning, one must always been careful of penny stocks as they can be volatile and can break down at any...

momo510

AUD/USD is on a downwards wedge and it has been bouncing around and will continue to bounce until it hits the trend line. right now it will go short then long, then short, until it breaks down.

momo510

netflix is overvalued and part of the whole FAANG group. its now going down the trend and will most likely make a big ass head and shoulder.

momo510

BTC is trying to pump on low volume, even though RSI states it has potential to run, MACD indicates otherwise. it has broken out of the channel however it will either breakdown back underneath the channel or glide down outside of the channel. BTC will hit next support then break under onto next support after.

momo510

Next month LTC just like all the other coins will follow BTC on its blood bath downward and will break under $100 back to its prior support of around $75 before it starts another bull run. Waiting is irritating!!!!