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Archive for category: Charts

11

mcm daily market update 02.Aug.21

ST trend: neutral On Friday we were noting that the ST trend was down with bottoming attempt. Buyers did manage to hold those unconfirmed lows on FGSI and pushed higher…

12

mcm daily market update 23.Jul.21

ST trend: up (with potential ST pullback) Yesterday we were noting that the trend was still up, as sellers were inefficient, but were warning that a pullback could be coming…

13

mcm daily market update 21.Jul.21

ST trend: up (with potential topping pattern) Yesterday we were noting that the trend was neutral as both sides were showing inefficiency via FGSI. Because of the set up on…

15

mcm daily market update 9.Jul.21

ST trend: up Yesterday we were noting that the trend was down, but with a potential bottoming attempt as FGSI was showing unconfirmed lows. Turns out the actual low was…

16

mcm daily market update 8.Jul.21

ST trend: down (with potential bottoming attempt) Yesterday we were noting that the ST trend was up, as buyers stepped up and held a bullish EE set up on FGSI…

17

mcm daily market update 10.Sep.21

ST trend: neutral The last 2 days we were noting that the trend was down with potential bottoming attempts. Both times sellers took control and broke through those bottoming attempts…

18

mcm daily market update 20.Sep.21

ST trend: down (with potential bottoming attempt) On Friday we were noting that the ST trend was neutral, as buyers were in the middle of a bounce from bullish EE…

19

mcm daily market update 06.Jul.21

ST trend: neutral (with bigger correction potential) On Friday we were noting that the trend was still up, as ML continued to hold and FGSI continued to paint confirmed highs….

20

mcm daily market update 12.Nov.21

ST trend: neutral Yesterday we were noting that the ST trend was up, as sellers continued to be inefficient on pullbacks, while buyers had managed to win back ML. We…