mark.obradley

mark.obradley

Seeing a large negative divergence on RSI for Palladium. Would look for a pull back soon. #Palladium

mark.obradley Updated 

It looks like natgas is diverging from WTI crude. As well, on a monthly chart the RSI is hitting the same level as previous pullbacks. Would not chase natgas higher and would wait for a second candle to hit the trendline then short using DGAZ. Thoughts?

mark.obradley Updated 

seekingalpha.com

mark.obradley Updated 

Future of financial markets are completely just a central bank bubble that is waiting to bubble and it is getting really close with Amazon hitting $2000+ RSI is is way over bought on all time frames. Could be a matter of weeks or months before the party is over.

mark.obradley Updated 

NVDA earnings are in two days and a negative divergence is forming. It will complete if there is a slight price increase after earnings. This could indicate a lack of conviction in buyers and sell off will take place after a brief pop in price.

mark.obradley

It is quite obvious central bank money printing and suppressed interest rates caused this bubble. This pattern is playing out two decades later all over again. Good chance SOX and everything in it. ie NVDA are going down -30-50% minimum a year or so from now.

mark.obradley

Looks like SPX could go back to 2550 area from a consistent pattern on demarker indicator

mark.obradley Updated 

This stock is still overbought on hope. Fade bounce back to $50 support level.

mark.obradley Updated 

Note: these are my notes and are not to be taken as trading advice. Trade at your own risk. A few reasons oil could test $60 and then $58 soon. WTI and Brent price difference closing Markets overall could continue down this week / next week, bringing oil with it USA has become an exporter and the USD / DXY could be bearish even if they are up (on edge...

mark.obradley

The next level of support looks to be around $14K

mark.obradley Updated 

One and only reason Bitcoin rallied in 2017 was due to the Chinese government enacting capital controls. Capital was fleeing the country into every asset. Real estate has soared in places like Australia and Canada. Ironically, their actions caused more panic of the Chinese people and more capital flight. It was only a matter of time until they physically closed...

mark.obradley Updated 

There is a high probability that Bitcoin will fall back below $1000 USD toward the end of the year. If there is an economic crisis it is likely money will be withdrawn from stocks and put into cash. This will caused the USD to fly and the price of bitcoin to drop. There will not be enough capital to re-inflate the bit bubble (this year). Anyone can start a...