Note that I had a typo in the mid-morning update on the resistance area on the daily chart. I had typed 6606.00, when the resistance area is actually 6106.00. I just wanted
Prices are rallying this morning, and there is a spike and channel up that is still in play with no breaks yet. Note that the daily chart is not showing new highs,
Prices sold off strongly on the CPI news this morning but eventually found support and have rallied since that point. The two-tiered blue bull channel now has a break and two legs
Prices look as if they may remain range bound today. That could change, but as of now, I would classify this as a range. Prices opened lower leaving an overhead gap on
I am back in the office and business as usual as of this morning. It feels like I have been gone forever, and I truly had no access to the markets, so