I thought MCP may take a breather and consolidate a bit, but it seems to be straightening itself out each day more and more. There's already huge leading divergences (positive) in the areas where it ultimately counts (30-60 min), it was the 5 min and intermediate intraday ranges where it looked like it may consolidate, but the intraday charts have been nearly tick for tick confirmation so I want to reiterate MCP long which is in the trading portfolio, also as a longer term trade and an options position (call).
5 years ago
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