MM Morning Notes

MMI was looking for an up open and is looking up for the close today (above open).  Sentiment is expected to begin to turn down Tuesday and continue down on Wednesday.  The MM MACD will turn to neutral today (exit long positions) on a close below 2665, which is very likely.  Latest chart below:

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."