Prices started out range bound but appear to be trying to push higher this morning. I would expect that prices will attempt to trade into the upper bands on the daily chart...
Today has been mostly sideways and mixed so far. As of now, I am calling this a range day with mixed trading. That could change as the day progresses, but that is...
As you might expect, prices did reverse on the oversold conditions from the daily chart. The rally has been rather large so far this morning, and there is a large overhead gap...
The trend is down and down strongly this morning. Prices are easing into oversold territory, but that doesn’t mean they will reverse right away. We could still see more downward movement, and...
Sorry that I was unable to get to the chart lesson yesterday. I still had an emergency power situation which we worked on until 9 PM, and I just couldn’t get back...
The trend has reversed today, turning down off of the long-term resistance on the daily chart. For now, I will call the bias down and down strongly. It looks as if there...
I am back in the office this week, but I will only be here sparingly. I will come in to do the mid-morning report, then leave again, and return in the evening...
Just a quick update on my status. We still have no power and no water, so I am not attempting to come back to work yet. The roads are clearing a bit,
Unfortunately, my area was devastated by the recent winter storm that came across the Southern states. We have no power and temperatures are in the single digits here. This is very rare
Prices are mixed and range bound so far this morning. Right now, the path of least resistance appears to be down, although that does not mean we are going to see prices...