mcm Newsletter – Outlook for Week 30 Jan – 3 Feb
The market finally broke the side-ways movement last week and moved decisively higher. Both ES and YM made new ATHs, ES breaking 2300 and YM 20.000. As a result, on…
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The market finally broke the side-ways movement last week and moved decisively higher. Both ES and YM made new ATHs, ES breaking 2300 and YM 20.000. As a result, on…
The market pulled the old “W” pattern last week, making a low on Monday, then bouncing back up to test the ATH (which it missed by 3 points), then moving…
The market it making history again making fresh ATH and closing very near them on Friday. It seems that the 3 waves decline we were mentioning last week (with the…
After the new ATHs from 2 weeks ago, the market moved mostly sideways during last week, in a choppy move that looks more like a correction/consolidation than a change of…
The 1st week of October went to the bulls hands down. They managed a 5 green candles week, and a new ATH each day except Friday. As we have been…
The market made a lower high last week, very close to the 76,4% retrace of the entire decline off the ATH and then dropped with conviction. More than 140 points…
The market managed to bounce back from the lows registered on the previous Friday and last week saw only green daily candles painting. It reached now a bit higher than…
Finally the market stopped the relentless up move and had a rather panicky turn. A drop of more than 100 SPX points in one week is definitely something that draws…
The market pushed ever upward last week making a new ATH at 2657. Then it experienced an interesting “flash crash” event on Friday, apparently on some “fake news”, which saw…
The market made new ATHs last week, which is becoming something rather ordinary. However, it ended lower on a weekly basis, after retreating 30 points from the ATH to Thursday’s…
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