mcm daily market update 11.Mar.21
ST trend: up (with potential topping pattern) Yesterday we were noting that the ST trend was down with potential bottoming attempt as FGSI continued to show unconfirmed low set-ups. We…
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Archive for category: Commentary
mcm daily market update 10.Aug.21
/in Charts, PublicST trend: neutral Yesterday we were mentioning that the ST trend is neutral, as both sides were inefficient via FGSI. Since then we had spikes higher and lower, but price…
mcm daily market update 10.Oct.22
/in Chart-Intraday, Commentary, Cycle Study, PublicMain trend: down ST trend: down Friday the market finally revealed its intentions after the back and forth on Wed-Thu. The NFP numbers coming out at 8:30am were the final…
mcm daily market update 1.Sep.22
/in Charts, Elliott Wave, PublicMain trend: down ST trend: down Yesterday we noted that both the main and ST trend were down as all MLs are above price and red, while ML continues to…
mcm daily market update 02.Sept.22
/in Chart-Daily, Commentary, Elliott Wave, PublicMain trend: down ST trend: up Yesterday we noted that both main and ST trend were down as all MLs were above price and red. Mkt kept getting rejected at…
mcm daily market update 8.Sep.22
/in Charts, Elliott WaveMain trend: neutral ST trend: up Buyers finally managed to stage a big up day yesterday, after all prior attempted bounced were sold hard intra-day for the past weeks. Not…
mcm daily market update 16.Sep.22
/in Charts, Elliott Wave, PublicMT trend: down ST trend: down After the CPI print and rug pull on Tuesday, the bulls were unable to find their footing. Being an OPEX week, MMs did a…
mcm daily market update 19.Sep.22
/in Charts, Cycle Study, Elliott Wave, PublicMain trend: down ST trend: down On Friday we noted that both MT and ST were down as all 3 MLs were above price and red, after bulls lost them…
mcm daily market update 22.Sep.22
/in Charts, Elliott Wave, PublicMT trend: down ST trend: down Yesterday we noted that the MT trend was down, while the ST trend was neutral as bulls had won ML and were trying to…
mcm daily market update 27.Sep.22
/in Chart-Intraday, Commentary, PublicMain trend: down ST trend: neutral Yesterday the session was choppy both ways in a sign that the trend is still down, but MMs are trying to shake out put…