Prices started off range like again today but are now attempting to trade higher out of the range again. We will have to see if the push higher will continue or if
So far this looks to be a range type day. It is also an inside bar on the daily chart, but with a much lower high. The daily chart indicates we need
The bias is still somewhat down at this point, but prices have been rallying since about 9 AM CST. This could end up as a range day, but if prices find resistance
Obviously yesterday was not a top, as prices have surged higher again this morning. I see a spike and channel higher that is still in play as I am writing this up.
Today has the feel of topping action, as prices have rallied for 5 consecutive days reaching a new high in this move just after the regular session opening this morning, only to
The rally has continued today, and prices are trading above the resistance of the range on the daily chart as well. For now, the trend and bias are up, although we could
This has the look and feel of a range day so far. Prices have met stiff resistance around 4365.00, which happens to be the top of the range on the daily chart.
The reversal followed through this morning and prices are trending higher. Prices pushed through both the mid-line and the EMA on the daily chart and did so strongly. We might still be
The trend and bias are up this morning, and prices may be attempting a measured move higher. If the cyan channel is valid, it would seem a bit difficult to reach a