mcm daily market update 7.Feb.22
ST trend: neutral On Friday we were noting that the ST trend was down, with potential bottoming attempt, as we had an unconfirmed low on FGSI and buyers were attempting…
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ST trend: neutral On Friday we were noting that the ST trend was down, with potential bottoming attempt, as we had an unconfirmed low on FGSI and buyers were attempting…
ST trend: neutral Yesterday we were noting that the ST trend was up, as buyers had won back ML and despite FGSI reaching extreme optimism they kept pushing higher. The…
ST trend: down (with potential ST bounce attempt) Yesterday we were noting that the ST trend was neutral as both sides were inefficient via FGSI and ML was being whipsawed…
ST trend: up The market had some wild swings both ways since Friday’s close. As the cash market was closed for the holiday on Monday, the algos had some fun,…
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…
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…
ST trend: neutral On Friday we were noting that the ST trend was neutral as the market had consolidated in the o/n following the push on Thursday and was back-testing…
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…
ST 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…
ST trend: neutral On Friday we were noting that the ST trend was down with bottoming attempt. Buyers did manage to hold those unconfirmed lows on FGSI and pushed higher…
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