Prices are trading sideways at the moment, but there is a downward bias to this at the moment as well. The near term target to the downside was most likely an attempt...
I forgot that today is a trading holiday due Martin Luther King Day, so I am taking the day off and there will be no chart lesson today. Enjoy the extended weekend...
The trend is down and strongly this morning. The volume and volatility appear to be up as well. Prices have already far exceeded a measured move down, so a bounce is likely,...
There is a slight upward channel at the moment, but overall, prices are still trading within the overnight highs and lows, so this still has the feel of a range day and...
This looks to be another range day so far. Price are trading within a 20 point range, which has been typical the last few trading days. That doesn’t mean we can not...
Prices appear to be ranging again today. For now the bias is neutral with short term trends up and down within the range. That could change at some point, but for now,...
Today looks to be a range day. So far prices have traded mostly sideways, and at times in very tight congestion type areas. I would call the bias slightly up at this...
This looks to be a possible range day, although prices have been trending down rather strongly on the last move down to test the overnight lows. We need to wait and see...
The trend is up again this morning and strongly so far. There is a large two tiered channel working higher, and there are trends within that channel. This looks to be another...
What started off as a range has turned into a very strong trend higher this morning. Note that there is an FOMC minutes announcement at 1 PM CST today, so I would...