Technical Laboratory Update For The Week Of September 4, 2016
For our U.S. subscribers, I hope your holiday weekend is going well, and for non U.S. subscribers, be aware that the regular trading hours are closed for Monday, September 5….
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Archive for category: Commentary
MCM Newsletter – Outlook for the Week 20-24 February
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Daily ProjectionsThe market continued its bullish character from the end of the previous week and broke out quite convincingly to the upside despite a zone of strong resistance. As a result,…
MCM Newsletter for week 6-10 March
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, mcm IndexesLast week was another one for the history books. The last 2 days of February seem uneventful in retrospect, although the market did make a new ATH on Monday before…
mcm daily market update 23.Jul.21
/in Charts, PublicST 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…
mcm daily market update 04.feb.21
/in Charts, PublicST trend: up After the weakness into the close, mkt continued lower, but put in a very bullish situation at the o/n lows. Not only there was extreme pessimism on…
MCM Newsletter – Outlook for Week of 9-13 October
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle StudyThe 1st week of October went to the bulls hands down. They managed a 5 green candles week, and a new ATH each day except Friday. As we have been…
MCM Newsletter – Outlook for Week of 16-20 October
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle StudyThe market put on the breaks last week after a very bullish start in October. It still managed to grind higher, but only slightly and this type of behavior resembles…
MCM Newsletter – Outlook for Week of 23-27 October
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle StudyThe market took another 3 days to finish the wedge we were mentioning, within an annoyingly tight range. Thursday finally saw the resolution of that wedge with a decent pullback…
MCM Newsletter – Outlook for last Week of October
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle StudyThe market head-faked the bears last week. After a new ATH on Monday which was immediately sold, it declined 30+ points until the low it hit on Wednesday, but then…
MCM Newsletter – Outlook for first Week of November
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle StudyThe market moved mostly sideways last week, with a slight upward tilt. But even so, it managed to make a new ATH on Wednesday and finished the week very close…