mcm Weekly Wrap_Week 36
After being range bound for quite a while the market finally broke out, or better said broke down. The brutality of the decline was surprising, the market losing approximately 80…
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After being range bound for quite a while the market finally broke out, or better said broke down. The brutality of the decline was surprising, the market losing approximately 80…
The narrowest sustained range in 100 years of DJIA history came to a dramatic end this week with a gut wrenching two plus percent decline thus trading the entire range…
The past week started just as brutal as the previous one ended. After making a new low on Monday in the overnight session, the market rallied 50+ points from that…
The FED week was a good omen for the bulls and the market finally managed a small break-out above the choppy range in which it was stuck for a few…
Another week comes to a close and it seems that volatility is here to stay. All trading sessions had 20+ points from low to high, while the last 2 days…
The market continued to move sideways over the past week and despite the rather big intra-day fluctuations, remained range bound. Considering such action, it’s no surprise that no real development…
Happy Halloween weekend everyone. This weeks update is going to take a top down approach in an attempt to ground everything and get a good look at the forest and…
ST trend: up On Friday we were noting that the o/n ST trend was up, however we did warn that “So for now things look bullish, however I still believe…
While price appears to have departed from historical seasonal, which is understandable considering this election year can be categorized as anything but normal, we’ll focus on some levels to be…
The action over the past week was decisively bearish. The market continued the downside movement started 2 weeks ago and declined in all 5 trading sessions reaching a 70 points…
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