MCP Market Update: February 8th, 2020 – Bullish trend continues…

by | Feb 8, 2020

The US remains the best house in a bad street as equity markets rebounded sharply to new ATH's. The sequence of higher highs and lows continues unabated for the major indices. Meanwhile, secondary indices such as the Transports and Russell 2000 remain below their respective 2018 highs (dow theory divergence). Global fundamentals continue to deteriorate […]

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Brief MCP Market Update: February 2nd, 2020 – Decision time…

by | Feb 2, 2020

This week marks an important inflection point for the markets. Emerging Markets have been leading the indices lower since reversing at our key resistance zone. We have been warning for some time that this rally in risk assets was a potential "B" wave phoney / fake break out and risk insurance for failure was warranted. […]

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