MCM Newsletter – Outlook for last Week of 2016
Happy Holidays to everyone! The market action in the pre-holiday week was what one would expect. It looked like many participants decided to spend time shopping for presents instead of…
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MCM Newsletter – Outlook for the 1st Week of 2017
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, Feature ArticleHappy New Year! The market action in the last week of 2016 was on the bearish side. After attempting to continue the pre-Christmas bounce when the market reopened on Tuesday,…
S&P500 Expert Lounge Update – March 13, 2017
/0 Comments/in UncategorizedGood morning everyone, These are key timing for today: N/A These are key MA levels: 5EMA 2368, 10DMA 2371, 20DMA 2359, 50DMA 2309, 100DMA 2250, 200DMA 2196 These are key…
MCM Newsletter – Outlook for Week 21-25 August
/0 Comments/in Chart-Daily, Charts, Commentary, Cycle Study, mcm IndexesLast week was very spectacular and continued with even higher volatility than 2 weeks ago. After gaping up and moving higher into Wednesday, Thursday was again a bad omen for…
mcm daily market update 5.Mar.21
/in Charts, PublicST trend: neutral (with bearish risk) It seems the market stopped tipping its hand in the o/n session and keeps things in suspense until the cash market open. For several…
mcm daily market update 7.Jul.21
/in Charts, PublicST trend: up Yesterday we were noting that the ST trend was neutral, but the set up was there for a bigger correction. ML did give way and we did…
mcm daily market update 16.Aug.21
/in Charts, PublicST trend: down On Friday we were mentioning that the ST trend was up, with potential pullback set-up, as FGSI was at extreme optimism. The pullback was small, then the…
mcm daily market update 21.Jan.22
/in Charts, PublicST 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…
mcm daily market update 22.Apr.22
/in Charts, PublicST trend: down (with potential bottoming attempt) Yesterday we saw one of the biggest reversal ever recorded. After the RTH open, buyers pushed higher strongly and triggered a BE on…
mcm daily market update 12.May.22
/in Charts, Media, PublicST trend: down (with bottoming attempt) Yesterday we were noting that the ST trend was up as buyers had regained ML and sellers were inefficient on the pullbacks. We did…