mcm daily market update 16.Jun.21
ST trend: neutral Yesterday we were noting that the trend was up, but with a potential reversal pattern, as all GSIs were showing unconfirmed highs at the o/n high. That…
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ST trend: neutral Yesterday we were noting that the trend was up, but with a potential reversal pattern, as all GSIs were showing unconfirmed highs at the o/n high. That…
ST trend: down, with potential bounce attempt Yesterday we were noting that the ST trend was neutral as both sides were inefficient, as shown by FGSI (something which is happening…
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….
ST trend: up Yesterday we were noting that the ST trend was neutral, but the set up was there for a bigger correction. ML did give way and we did…
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…
ST 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…
ST trend: up (attempted bottom) Yesterday we noted that the trend was up, with whipsaw risks, as FGSI showed that also buyers were inefficient. The whipsaw risk turned into full…
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…
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…
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…
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