FelipeCancela

FelipeCancela

There has been a serious decorrelation between the low yielder narrative vs USD (JPY and CHF) but I don't buy into it. I'll take a smaller position on it and need to wait for the market to confirm my bias.

FelipeCancela

Taking out more than half of the position in Silver at 27.6 and 28.20000. I'll let run the rest depending on the market behavior. As I commented several times below, we may have seen the lows in the precious metals for the year on the double bottom in Gold.

FelipeCancela

Previous position posted running risk free, waiting for a cheaper price on oil , I do not buy into the double top formation. Last year, almost 10mbpr have been cutted, OPEC+ has been very supportive and and with the reopening of the economies, the results have been quite impressive : - falling oil inventories - higher prices - stronger crack spread If you wanna...

FelipeCancela Updated 

No song for today, feel free to comment if you really want one and I'll find the best for ZAR

FelipeCancela

Last week chart about Gold playing out. Resistance ahead. Medium term fundamentals still bullish in my view but wait for cheaper price to enter long again

FelipeCancela

Aussie play vs a low yielder

FelipeCancela

India is in the middle of the second wave of Covid cases and has been partially the narrative for the recent downtrend. What used to happen after a surge in Covid cases ?

FelipeCancela

Kongo Gumi is the oldest, continually operating company IN THE WOLRD. As well, here are the next levels I'm interested in. Why ? Ask Powel.

FelipeCancela

Thank you for your half gift today even if it is not my birthday.

FelipeCancela

If you're looking to a new alarm clock, here you have Binance song : www.youtube.com

FelipeCancela

50EMA was not hold, ETH new ATH, looking to take some shots once it gets cheaper

FelipeCancela

Have we seen the highs for the CHF ?

FelipeCancela

interesting facts about Turkey : - Santa Claus was born in Turkey - There are no native camels in Turkey, but there’s an annual camel wrestling festival

FelipeCancela

Gold Always believe in your soul You've got the power to know You're indestructable Always believe in 'Cause you are gold (gold) Glad that you're bound to return There's something I could have learned You're indestructable Always believe in

FelipeCancela

can we have a better entry price ?

FelipeCancela

Deep buyers were found at 47k, will we break higher quickly or test another low ?

FelipeCancela

Keep an eye on USTR, 1.645% next target but the pace at which it goes there can be relevant for the timing of the dip in equities. Target at 4k, need to reevaluate when we get there.

FelipeCancela

In my previous post on S&P500 I noted the support for some buying opportunities on the month end. Hopefully you took some profits out of this opportunity. I'm am now looking at the resistance that is coherent with most big indexes (mostly in Europe). A ranging market is possible as we are entering holidays and if we continue lacking some new narratives. Happy trading.