Update on SPX Progress and Levels
As discussed yesterday, the primary degree support was critical. Breach of the support immediately sent the market through blank space to the next viable support which was intermediate degree (cyan)…
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As discussed yesterday, the primary degree support was critical. Breach of the support immediately sent the market through blank space to the next viable support which was intermediate degree (cyan)…
Confusion over central-bank policy, financial system leverage, economic stability/prospects and impacts of quantitative easing, have created volatility and triggered an epic short squeeze. As confusion reigns and bulls become bullish…
In a world of controversial and delusional claims by governments, central banks and economists of recovery and return to sound economic conditions out of the 2009 market and economic crash,…
We are approaching key areas as shown on the Levels charts. 1990 to 2010 is a significant area on the SPX cash index. It would be reasonable to expect a…
As, posted last week in this post: Bear Impulses Retesting Before Next Drop, and this chart, significant retesting of a the currently in-progress downward BEAR IMPULSES should be expected. We…
As discussed on these pages for months, the week of the 21st was likely to be a lower high and also likely to open up a pronounced period of weakness….
This weekend we completed a major upgrade of charts and chart streaming for the mcm site. We added significant new enhancements to the eTickTools Project and we rolled out some…
We wish you a Merry Christmas and happy holidays and a successful 2016 to come. 2015 has been an interesting year for MCM and we will do a review of…
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