blockmas

blockmas

The GBP is likely to move towards its all-time low of 1.20 against the US dollar. This short-term movement is clearly correlated with the 4-6 month downtrend of the Euro, the bullish trend of the US dollar and equity markets, and the downtrend of commodities. Strategy We are averaging short term from our long-term bearish positions with a market...

blockmas

We are averaging our derivative positions for the next few months when the RSI crosses the 51 level on the DJI weekly chart. We will only cancel averages if prices stay longer than 3 days <24k. The inverted shoulder-head-shoulder pattern can be seen in most world indices. I take this opportunity to reaffirm our outlook for the markets in the coming months,...

blockmas

The price is crossing the bullish MM70 over another bullish MM210 on a weekly chart. The most likely scenario is a price pullback until an inverted shoulder-head-shoulder is formed and a bullish break in December. This is correlated with the signals published in the previous posts.

blockmas

Correlationed with commodities market in the next 4-6 months

blockmas

The waited break of the price will be very probably at the begging of December. Technically, there are more probabilities of a bearish trend; adding the fundamentals, there are similar probabilities. In the short term is better to be prepared to both bullish or bearish scenarios. Strategy Sell Stop: 5 200 Stop Loss: 6 200 (<=1.5% loss) Take Profit: 2...

blockmas

Oil, correlated with most commodities, will most likely drop to its support of 52 in the coming months. The price crossed down a shoulder-head-shoulder at the end of last month. Now it is below its support of 61 and crossing down the MM70 on the weekly chart. The price should fall to the MM210 level in the coming months. This is correlated with the uptrend of...

blockmas

KIKKEI225 will keep being very probably bullish in the next months as most of the stock markets. The bull trend should start when RSI crosses>53. The price already has crossed upwards a bullish MM70 over the MM210. Averaging upwards at market price. Target: 26 000+ Stop: 20 609 Opened: 22 200

blockmas

Descorrelationed with the 2019 EUR bearish trend and the 2019 USD bullish trend. Shoulder-Head-Shoulder over 210 MM210 in the Weekly Chart. Strategy Buy Limit: 0.879 Stop Loss: 0.860 <0.5 wallet risk Take Profit: 0.920

blockmas

Silver has crossed down in a triangle pattern the MM210 in the Monthly graphic, an ultra-bearish trend signal. If it breaks down the 13.500 support it could fastly be going down to its 10 support since 2008. Possibly MM70 will cross down the MM210 in the next months until it crosses up again in 2020 for a bullish market in commodities, but now there are good...

blockmas

In the next months, due to the probability of a bullish break out in the capitalization of the token market, investors who have still not done it should prepare or actualize their long-term blockchain investments. Apart from the short-term aspects in the next months, 2020 recession could expand the capitalization of the token market, being an alternative...

blockmas

EUR, negatively correlated with USD & global stock markets, will be very probably bearish in the next 7 months, while markets are going to be bullish, arriving the EUR at levels approximately of 1.03 versus the US dollar (-8.85%). The reason why this will happen is fundamental, due to descorrelations. In this aspect, USD & stock markets should be very probably...

blockmas

We are still in a bullish market. We have to keep buying. When we are in a bearish market, we will sell. The most likely scenario is that the most expected recession of all time will probably not occur until 2020. The S&P500 could reach 3,000+ before March 2019. Negatively correlated, commodities will very probably remain bearish in the short term. In the long...

blockmas

It is very likely that the recession will not begin until 2020. The negative correlation between the bull market for equities and commodities will most likely continue to cause commodities to fall and equities to rise. Funds can go short at market price with a stop loss of <1% at the price of 1 300. The support at 1 180 is crucial for when it breaks down. The...

blockmas

There are similar odds that Bitcoin and the token market will break bullish or bearish in the next 2 months. In my opinion, it will be bullish, although for long-term investors it is important to also prepare a possible bearish scenario. For those who are not within the asset, I recommend to prepare buy stops at 8k and sell at 5k, 30% of trailing stops at <=1% of...