mcm daily market update 13.Aug.21
ST trend: up (with potential pullback set-up) Yesterday we were mentioning that the ST trend was up, with a potential topping pattern, as both FGSI and IGSI were showing unconfirmed…
New Search
If you are not happy with the results below please do another search
Archive for category: Commentary
mcm daily market update 02.Aug.21
/in Charts, PublicST 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…
FED Speak, FED Hike, FED Squawk – Some Disccusion
/0 Comments/in CommentaryYesterday we posted these comments regarding the FED: Another anecdotal issue is that the FED is due to report their unbelievably tortured analysis and process geared to raise interest rates…
MCM Newsletter – Outlook for Week 28 Nov – 2 Dec
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study2 words can easily characterize the action of the past week: grind higher. The cash market was only opened 4 trading sessions or better said 3 and a half, but…
mcm Weekly Market Update For Week 37
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave PublicThe 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…
mcm Market Update For Week 38
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave, Media, Public PublicThe 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…
mcm Market Update For Week 39
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave, Public PublicAnother 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…
MCM Market Update For The Week of October 9, 2016
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave, Public PublicThe 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…
mcm Market update for week 42
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave, Public PublicMore sideways action the past week, as the market didn’t move much in terms o price, but was again range bound. After putting in a low on Monday, the market…
MCM Market update for week 43
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Elliott Wave, Public PublicHappy 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…