MCP Market Update: May 12th, 2025 – Inflection Zone

Last week, equity markets extended higher as expected and are now testing a key inflection zone. There are now enough waves in place to complete a counter-trend 3 wave rally into layered resistance. Bears need to make a stand this week to reverse last week's rally or risk a bullish extension. Gap and go or […]

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MCP Market Update: May 5th, 2025 – Approaching upside targets

Last week, global equity markets extended higher as expected and are now approaching measured upside targets. We continue to see this rally as part of an ongoing wave (4) triangle consolidation within a bigger picture bull market rally. So far, the rally is only in a corrective 3 waves up nearing equality resistance. We are […]

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MCP Market Update: April 28th, 2025 – Corrective Rally

Last week, equities held near term support and rallied strongly as expected to help maintain our bullish bias for wave (c) higher. We continue to see this corrective rally as part of an ongoing sideways wave (4) triangle consolidation. Near term bulls remain in control while above last week's lows as we look for an […]

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MCP Market Update: April 21st, 2025 – Triangle Consolidation

Last week, equity markets continued to trade sideways to down in what is expected to be a big picture wave (4) triangle consolidation. The latest rally is only in a corrective 3 waves up so far and while downside risks remain, bulls remain in control while key support holds. Given the ongoing uncertainty surrounding tariffs […]

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MCP Market Update: April 14th, 2025 – Bulls hold the line

From last week's update - "Equity Market Bulls need to hold the line here and limit the decline to a corrective 3 waves down to help maintain the big picture bull trend. " Last week, equities held key support and rallied strongly as Trump started to flip flop over tariifs. The equity market decline from ATH's is […]

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