mcm Market update for week 42
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…
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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…
Get a clear direction of the market trend! Tangible tools that allow you to analyse time frame and position size! Limit fear and greed impact on your trading. Find a…
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…
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…
Executive Summary: – Main Trend (weekly): neutral – Intermediate Trend (daily): up – Short-Term Trend (480&288min): down Details: On the weekly cycles, the market re-tested the resistance levels once more…
2 words can easily characterize the action of the past week: grind higher. The cash market was only opened 4 trading sessions or better said 3 and a half, but…
After the silent grind higher from 2 weeks ago, which had us question whether it was the calm before the storm, last week didn’t bring the storm just yet. But…
After the brief pull-back from 2 weeks ago, last week saw the bulls come back with a vengeance. And they managed a week for the history books, the market closing…
Last week was a bit dull compared to the one 2 weeks ago, but the market was still able to make a new ATH on Tuesday the 13th. After that,…
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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