CashFlo_Trading

CashFlo_Trading

$OGI showing bullish trend change signals here at $.73 for long-term #Potstock exposure. Technical analysis: - Bullish RSI divergence showing on Monthly & Weekly chart which suggests and upside rally soon. - Momentum oscillators and MACD are buried and curling up from lows on all time frames chart.. - possible double bottom test here at $.70-.75 best seen on...

CashFlo_Trading

$DOLE stock showing bullish trend change signals here at $8.60.. Technical analysis: Bullish RSI divergence showing with Momentum oscillator buried and curling up from almost record lows on weekly chart.. inverse h&s bottom $8.60/$8.42/$8.60 best seen on hourly chart.. However a possible $8.38 washout is likely this week to test $8.42 double bottom and be the...

CashFlo_Trading Updated 

Sugar and Brazil Relationship: Since Brazil has been the leading producer of sugarcane in the world, the value of the Brazilian Real plays a significant role in the price of sugar futures. Weakness in the Brazilian Real against the US Dollar encourages Brazil's sugar producers to boost exports. The logic is that a lower Brazilian Real incentivizes Brazilian...

CashFlo_Trading Updated 

#Gasoline $RB_F RBOB futures bottom close here at $.54 as gasoline crack spread (difference between spot price of crude oil & gasoline) looks to be bouncing from lows.. Hourly chart showing capitulation volume & bullish RSI divergence suggesting downtrend weakening $UGA $USO $VLO - Twitter Post @CashFlo @ 10:53AM CST twitter.com There it is.. #Gasoline $RB_F...

CashFlo_Trading Updated 

Technical Analysis: - Potential Double Bottom price support at $.15 from 2/15/19. - Extremely Oversold on weekly/monthly timeframes. - Daily/Weekly RSI and MACD turning up while prices are moving lower, conveying negative divergence and potential trend reversal. - Prices breaking above short-term daily moving averages (10dayEMA and 21daySMA @ $.24). ...

CashFlo_Trading Updated 

Gasoline Futures (RBOB Gasoline Futures) likely counter trend bounce here off 200weekSMA support at $1.66 to reclaim long-term moving average support of 50monthSMA at $1.70, then rally to test 100weekSMA resistance at $1.80. Technical Analysis: - Gasoline Futures (RBOB Gasoline Futures) now testing long-term support of 200weekSMA at $1.66. - $1.66 also strong...

CashFlo_Trading Updated 

Technical Analysis: 1. KWEB (Chinese Internet ETF): Expect a relief bounce here for Chinese Internet stocks ( BABA BIDU JD ) with a Hong Kong ( HKDOW ) & Shanghai ( DJSH ) market rally. a. Holding 200weekSMA and 50monthSMA support here at $44 with record volume twitter.com b. Very oversold on weekly timeframe c. Strong price support at...

CashFlo_Trading Updated 

Technical Analysis: - Double Bottom at 10.45 from August 2015 - Oversold on daily/weekly timeframes - Retest of 5monthSMA likely @ 11.50 Fundamental Analysis: - Look for Brazil Real bounce against USD - this will lead to less selling for $ and more domestic demand in Brazil - Higher lows since 1985 reflecting growing demand - Higher energy means more domestic...