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Archive for category: Commentary

32

mcm daily market update 27.Aug.21

ST trend: down with bottoming attempt Yesterday was the first down trend day in a while. Sellers managed to break below ML, decline stopped on a SE Xtick, but the…

33

mcm daily market update 07.Sep.21

ST trend: neutral On Friday we were mentioning that the ST trend was up as sellers were inefficient on pullbacks, however did warn that if ML is broken, the bullish…

34

mcm daily market update 10.Sep.21

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…

35

mcm daily market update 20.Sep.21

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…

36

mcm daily market update 24.Sep.21

ST trend: down Yeterday (same every day since Tuesday, actually) we were noting that the ST trend was up and the market delivered. We had a BE Xtick right off…

37

mcm daily market update 1.Oct.21

ST trend: down (with potential bottoming attempt) Yesterday we were mentioning that the ST trend was neutral, as both sides were showing inefficiency via FGSI. We did note however that…

38

mcm daily market update 11.Oct.21

ST trend: down On Friday we were mentioning that the ST trend was neutral, as both sides were showing inefficiency via FGSI. The session on Friday didn’t do much to…

39

mcm daily market update 03.Dec.21

ST trend: neutral Yesterday we were noting that the ST trend was neutral, as both sides were inefficient via FGSI and set up both bullish and bearish EE. And we…

40

mcm daily market update 22.Oct.21

ST trend: up Yesterday we were noting that the ST trend was neutral, as both sides were showing inefficiency via FGSI. We were also mentioning that a ML breakdown was…