mcm daily market update 02.Aug.21
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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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…
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: 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: 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 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…
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 The last 2 days we were noting that the trend was down with potential bottoming attempts. Both times sellers took control and broke through those bottoming attempts…
ST trend: down (with potential bottoming attempt) On Friday we were noting that the ST trend was neutral, as buyers were in the middle of a bounce from bullish EE…
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: neutral Yesterday we were noting that the ST trend was up, as sellers continued to be inefficient on pullbacks, while buyers had managed to win back ML. We…
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