mcm daily market update 11.Jul.22
ST 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…
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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 22.Feb.22
/in Charts, PublicST trend: up The market had some wild swings both ways since Friday’s close. As the cash market was closed for the holiday on Monday, the algos had some fun,…
mcm daily market update 16.Feb.22
/in Charts, PublicST trend: neutral Yesterday we were noting that the ST trend was up, as buyers had won back ML and despite FGSI reaching extreme optimism they kept pushing higher. The…
mcm daily market update 8.Oct.21
/in Charts, PublicST trend: neutral Yesterday we were mentioning that the trend was up with a potential topping pattern, as we had just finished an up squeeze and buyers were showing early…
mcm daily market update 10.Dec.21
/in Charts, PublicST trend: up (with potential topping pattern) Yesterday we were mentioning the ST trend was down with a potential bottoming pattern as buyers were inefficient via FGSI and they had…
mcm daily market update 11.Oct.21
/in Charts, PublicST trend: down On Friday we were mentioning that the ST trend was neutral, as both sides were showing inefficiency via FGSI. The session on Friday didn’t do much to…