Prices traded up early but have turned down off the highs that occurred just after the 8:30 AM CST regular session opening. This could be another range day in the end, but prices could trend in either direction as well. Just respect the current highs and lows of the day until prices prove if they are still in play or not. As usual, expect some mixed trading at times no matter how the day plays out overall.
Note that there is a gap on the chart, so prices are likely trying to trade down and fill that gap. That target is down at 7467.00. For now, the bias is down, but that could change as the day progresses.
