MCM Newsletter – Outlook for Week 5 – 9 Dec
After the silent grind higher from 2 weeks ago, which had us question whether it was the calm before the storm, last week didn’t bring the storm just yet. But…
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After the silent grind higher from 2 weeks ago, which had us question whether it was the calm before the storm, last week didn’t bring the storm just yet. But…
Last week provided the most interesting week in quite a while. For the EWT fans, the classical 3 wave bounce we were mentioning last week proved to be exactly what…
The last week of March saw the bulls come back from being a bit on the run the week before. Monday saw the market make a new low and spiked…
The market didn’t do much of anything last week, probably trying to prove that sideways is also a direction. We did get a higher high vs the previous week on…
ST trend: down Yesterday the sellers showed the true nature of this market as they dropped SPX a whooping 4% and we had a gap ‘n go with relentless selling…
Main trend: down ST trend: down Yesterday I alerted the members in the mcm chatroom that if bulls were unable to defend the opening SE Xtick and at least try…
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