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Major Support Dead Ahead – If Broken Support is Virtually Nonexistent Till the 1600’s
/0 Comments/in Accumulation Index, Chart-Intraday, Charts, Commentary, Daily Projections, Expert Lounge, Market Structure Projection, mcm Indexes, Public PublicMSP, as usual, has done a great job of timing out the market cycles. The next inflection point is projected for around the 22nd of January. Meanwhile we have reverted…
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 16.Mar.22
/in Charts, PublicST trend: up (with potential topping pattern) Yesterday we had a huge reversal day and up squeeze. FGSI and IGSI both signalled an unconfirmed low at the o/n LOD, and…
mcm daily market update 4.Mar.22
/in Charts, PublicST trend: down Yesterday we were noting that the ST trend was neutral as both sides were inefficient via FGSI. The latter was showing a potential large divergence set-up, which…
mcm daily market update 28.Feb.22
/in Charts, PublicST trend: neutral On Friday we were noting that the ST trend was neutral as the market had consolidated in the o/n following the push on Thursday and was back-testing…
mcm daily market update 1.Nov.21
/in Charts, PublicST trend: up On Friday we were mentioning that the ST trend was neutral as despite earnings misses from 2 heavyweights (AMZN and AAPL), the decline was contained. Price just…
mcm daily market update 21.Jul.21
/in Charts, PublicST 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…
mcm daily market update 20.Jul.21
/in Chart-Daily, PublicST trend: neutral Yesterday we were noting that the ST trend was down, with a potential bottoming attempt (as FGSI was showing an unconfirmed low). We did warn that the…
mcm daily market update 9.Jul.21
/in ChartsST 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…