MCM Newsletter – Outlook for Week 21 – 25 Nov
Compared to the election week Brexit type event, last week saw things calming down. Although the intra-day swings in ES were 20+ points in the first 2 trading days and…
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Compared to the election week Brexit type event, last week saw things calming down. Although the intra-day swings in ES were 20+ points in the first 2 trading days and…
What a week! It’s hard to keep the exclamations away in a week that saw an intra-day drop of more than ES 100 points to reach a limit down suspension…
The action over the past week was decisively bearish. The market continued the downside movement started 2 weeks ago and declined in all 5 trading sessions reaching a 70 points…
Happy Halloween weekend everyone. This weeks update is going to take a top down approach in an attempt to ground everything and get a good look at the forest and…
More sideways action the past week, as the market didn’t move much in terms o price, but was again range bound. After putting in a low on Monday, the market…
The market continued to move sideways over the past week and despite the rather big intra-day fluctuations, remained range bound. Considering such action, it’s no surprise that no real development…
Another week comes to a close and it seems that volatility is here to stay. All trading sessions had 20+ points from low to high, while the last 2 days…
The FED week was a good omen for the bulls and the market finally managed a small break-out above the choppy range in which it was stuck for a few…
The decline from Friday 9/9 was brutal. After months of range trading to get a 50+ points decline in a single day can be traumatizing, especially if caught wrong-footed playing…
The market moved sideways to lower in the first 4 trading days last week, with Friday bringing a stronger effort from the bull side with a push which came very…
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