MCM Newsletter – Outlook for the Week 24 – 28 Apr
The market moved higher during the past week, ending around 20 points higher on a weekly basis. The low at 2320 held (despite being tested in the overnight on Monday),…
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The market moved higher during the past week, ending around 20 points higher on a weekly basis. The low at 2320 held (despite being tested in the overnight on Monday),…
The market went sideways in the first 3 trading days of last week, not doing much of anything, before challenging and achieving new ATHs (all time highs) on Thursday and…
The market continued its bullish character from the end of the previous week and broke out quite convincingly to the upside despite a zone of strong resistance. As a result,…
In the holiday shortened week, the market continued to defy gravity and made 2 new ATHs on Tuesday and Thursday. Apart from the initial ramp it moved more sideways, the…
Last week was another one for the history books. The last 2 days of February seem uneventful in retrospect, although the market did make a new ATH on Monday before…
The action seemed to change ever since the market hit the round numbers 2 weeks ago. The market made lower lows in 4 out of 5 trading days last week….
The market finished a rather uneventful week, despite the FED raising rates. Wednesday provided the most interesting session, having finished 20 points above Tuesday’s close. The last 2 days saw…
Good morning everyone, These are key timing for today: 10:00AMEST, 1:30PMEST These are key MA levels: 5EMA 2363, 10DMA 2368, 20DMA 2370, 50DMA 2332, 100DMA 2276, 200DMA 2211 These are…
Last week provided the most interesting week in quite a while. For the EWT fans, the classical 3 wave bounce we were mentioning last week proved to be exactly what…
The last week of March saw the bulls come back from being a bit on the run the week before. Monday saw the market make a new low and spiked…
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