We are getting a mild bounce this morning, but I am not sure it is anything more than a small bounce in a larger downtrend. I am watching the two-tiered blue channel...
The trend and bias are down this morning, although prices have been mostly sideways since just after the regular session opening times. Prices have completed a measured move down based on the...
Prices pushed lower in early trading and attempted a test of the most recent lows on the daily chart down around 4055.00. Prices did not quiet make that lower level and have...
I am posting this a bit earlier than usual since I have to step out of the office for some business that I need to attend to around the time I normally...
The trend and bias are down so far this morning. Prices are still finding support at the long-term lows on the daily chart at this point, so with two legs down to...
Prices are still hanging around and testing the lows on the daily chart but have been sideways today while doing so. While I would expect a rebound soon, this doesn’t look like...
This market just seems to want to go lower. A failed break lower of an important low like this morning though can often be the start of a large rally. The market...
Overall, it looks to be another volatile day today. Prices are up and down but appear to be finding some support at the lows of the pink range on the daily chart....
We did not get any follow through on the strong rally from Monday. In fact, prices have been trending lower and strongly so. There is a break and a new low of...