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Archive for category: Commentary

41

mcm daily market update 25.Oct.21

ST trend: neutral On Friday we were mentioning that the ST trend was still up as sellers continued to be inefficient on eachpullback, while buyers kept pushing to higher highs….

42

mcm daily market update 1.Nov.21

ST trend: up On Friday we were mentioning that the ST trend was neutral as despite earnings misses from 2 heavyweights (AMZN and AAPL), the decline was contained. Price just…

43

mcm daily market update 8.Nov.21

ST Trend: up On Friday we were noting that the ST trend was (still) up, as sellers were very inefficient on FGSI. We also mentioned that the important lines on…

44

mcm daily market update 12.Nov.21

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…

45

mcm daily market update 15.Nov.21

ST trend: up On Friday we were noting that the ST trend was neutral, as price was stuck in a range and both sides were showing inefficiency on FGSI. We…

46

mcm daily market update 19.Nov.21

ST trend: down Yesterday we were noting that the ST trend was neutral as both sides were inefficient via FGSI. Sellers took the lead early after the RTH session started…

47

mcm daily market update 22.Nov.21

ST Trend: neutral (potential reversal of uptrend underway) On Friday we were noting that the ST trend was down, as price had reversed lower off an unconfirmed high on both…

48

mcm daily market update 26.Nov.21

ST trend: down (with potential bottoming attempt) On Wednesday we were mentioning that the ST trend was neutral as both sides were inefficient via FGSI and set up both bullish…

49

mcm daily market update 29.Nov.21

ST trend: neutral On Friday we were noting that the ST trend was down, with a potential bottoming attempt. The market obliged and buyers made a decent effort going into…