This will be our final mid-morning report for 2023. I will take off the remainder of the year and won’t return until January 2, 2024. I hope everyone has a wonderful Christmas
Prices are mixed to slightly down at the moment, but things could change as the day progresses. Prices are extremely overbought, so a correction of some kind should come soon, so be
The volume is very low this morning and prices are basically just moving sideways. Today is an FOMC announcement day, so things are likely to stay quiet going into that news announcement.
There was some early CPI news announced this morning that led to a sell off. However, prices found support and are now trending higher. There was a small gap on the chart
Today was rollover day, so make sure you rolled over to the March 2024 contract. So far things seem rather quiet and mixed, so not much movement for now. This could change
Prices rallied this morning off the unemployment and consumer sentiment news. Both of these items are meaningless really, because they are just smoke and mirrors in our current economy. Anyone wanting to
Prices are trending higher so far this morning. A measured move gives us a first target of 4594.00 and then possibly 4600.00. Thing could turn lower or even sideways at any time,
Prices rallied during the overnight but started selling off immediately upon the regular session opening at 8:30 AM CST. The overall bias is down at the moment, but this could still be
Prices were mostly sideways until the 9:00 AM CST news items hit and that woke things up and sent prices higher for the moment at least. A measured move based on the
The market gapped open lower last night and sold off strongly. There was a mild correction at the regular session opening, but that soon found resistance and the selling returned. Should we