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Archive for category: Public

11

mcm daily market update 31.Dec.21

ST trend: down (with potential bottoming attempt) Yesterday we were noting that the trend was up with potential topping pattern as the high was unconfirmed on FGSI. We did mention…

12

mcm daily market update 03.Jan.22

ST trend: up (with pullback in progress) First off: Happy New Year! Welcome to 2022! On Friday we were mentioning that the ST trend was down, with potential bottoming attempt….

13

mcm daily market update 18.Jan.22

ST Trend: down (with bounce attempt ongoing) Friday saw large whipsaws in both directions. After a decently large gap down (30+ points), buyers stepped in and managed to fill the…

14

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…

15

mcm daily market update 21.Jan.22

ST trend: down Yesterday we were noting that the ST trend was neutral as price was testing ML, so it was decision time. Breakout would get an up squeeze while…

16

mcm daily market update 24.Jan.21

ST trend: down On Friday we were noting that the ST trend was down, as the market continued to act weak. We also warned that “Large bounces are possible, but…

17

mcm daily market update 27.Jan.22

ST trend: up Yesterday we were noting that the ST trend was up with potential pullback starting as FGSI was coming back from extreme optimism and was showing unconfirmed highs….

18

mcm daily market update 28.Jan.22

ST trend: down (with potential bottoming attempt) Yesterday we were noting that the ST trend was up as sellers were inefficient via FGSI, buyers had won back ML and FGSI…

19

mcm daily market update 31.Jan.22

ST Trend: neutral (potential ST bounce underway) On Friday we were noting that the ST trend was down, with potential bottoming attempt, as price kept making lower lows after losing…

20

mcm daily market update 4.Feb.22

ST trend: down (with potential bottom attempt shaping up) Yesterday we were noting that the ST trend was down, with a bounce attempt, as buyers had put in another unconfirmed…