mcm daily market update 12.Oct.22
Main trend: down ST Trend: neutral Yesterday the market dropped to new lows, before staging a face ripping rally until lunch time. After that the BOE crushed the bulls’ hopes…
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Archive for category: Charts
mcm daily market update 10.Oct.22
/in Chart-Intraday, Commentary, Cycle Study, PublicMain trend: down ST trend: down Friday the market finally revealed its intentions after the back and forth on Wed-Thu. The NFP numbers coming out at 8:30am were the final…
mcm daily market update 3.Oct.22
/in Chart-Intraday, Commentary, Cycle Study, PublicMain trend: down ST trend: down On Friday the market managed to stage a nice bounce back to the 3680ish zone before failing and flushing to new lows. I mentioned…
mcm daily market update 30.Sep.22
/in Chart-Intraday, Commentary, Cycle Study, PublicMain trend: down ST trend: neutral Yesterday the market saw a big gap down open and flushed more after RTH oepned. it stopped near the prior lows and staged a…
mcm daily market update 27.Sep.22
/in Chart-Intraday, Commentary, PublicMain trend: down ST trend: neutral Yesterday the session was choppy both ways in a sign that the trend is still down, but MMs are trying to shake out put…
mcm daily market update 22.Sep.22
/in Charts, Elliott Wave, PublicMT trend: down ST trend: down Yesterday we noted that the MT trend was down, while the ST trend was neutral as bulls had won ML and were trying to…
mcm daily market update 16.May.22
/in Charts, PublicST trend: neutral On Friday we were noting that the ST trend was up as buyers had rallied off unconfirmed lows and won back ML, while sellers were very inefficient…
mcm daily market update 02.May.22
/in Chart-Daily, Commentary, PublicST trend: neutral On Friday we had another full-on bearish day, similar to the previous week action on Thursday-Friday. After a gap down, which was never completely filled, buyers were…
mcm daily market update 16.Dec.21
/in Charts, PublicST trend: up Yesterday we were noting that the ST trend is neutral as both sides were inefficient. We also mentioned that the prior day low was a big line…
mcm daily market update 21.Jan.22
/in Charts, PublicST trend: down Yesterday we were noting that the ST trend was neutral as price was testing ML, so it was decision time. Breakout would get an up squeeze while…