mcm daily market update 3.Jun.22
ST trend: neutral (pullback to ML likely) Yesterday we were noting that the ST trend was neutral as FGSI was showing that neither side was in control. Buyers had won…
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Archive for category: Public
mcm daily market update 06.Jul.22
/in Charts, Elliott Wave, PublicST trend: neutral The market threw in 2 “there and back again” moments as it took out Friday’s high in the o/n session, only to give up all those gains…
mcm daily market update 11.Jul.22
/in Charts, Elliott Wave, PublicST trend: neutral On Friday we were noting that the ST trend was neutral as we had the normal pullback to ML after an up squeeze, but it was a…
mcm daily market update 15.Jul.22
/in Charts, Elliott Wave, PublicST trend: neutral Yesterday we noted that the ST trend was down with potential bottoming process ongoing, as ML rejected price but FGSI was showing an unconfirmed low already. That…
mcm daily market update 20.Jul.22
/in Chart-Daily, Commentary, PublicST trend: neutral (pullback to ML expected) Yesterday the market gapped up big then ran higher all day in an impressive show of strength from the bulls. In the o/n…
mcm daily market update 22.Jul.22
/in Chart-Daily, Commentary, Elliott Wave, PublicST trend: neutral (with potential larger topping pattern) Yesterday we were noting that the ST trend was neutral, as buyers were inefficient via FGSI, having put in bearish EE vs…
mcm daily market update 27.Jul.22
/in Charts, Elliott Wave, PublicST trend: neutral Yesterday bears took control since the o/n after dropping price below ML. The entire o/n session price was capped by ML and then they pushed price below…
mcm daily market update 23.Mar.22
/in Charts, PublicST trend: down (larger correction attempt) Yesterday we were noting that the ST trend was up as buyers had held another ML test and bounced off it. Indeed from our…
mcm daily market update 14.Mar.22
/in Charts, PublicST trend: down (with potential bottoming attempt) On Friday we were noting that the ST trend was up with potential topping pattern, as FGSI and IGSI were at extreme optimism…
mcm daily market update 20.Dec.21
/in Charts, PublicST trend: down On Friday we were noting that the ST trend was down as buyers had lost ML and macro-ML and were very inefficient on bounces via FGSI. That…