Prices are up this morning, but mostly sideways since the 8:30 AM CST opening. I would call the bias sideways to mildly up, but if they cannot push higher at some point,
We had two perfect measured legs down so far this morning and prices are trying to bounce now. This could end up as a range type day, but if prices turn down
The trend and bias are both down so far this morning. I see a two-tiered channel working lower that is still in play, so stay with that until the chart shows us
Prices are rallying this morning so far. There was a large overhead gap on the chart, and prices appear to be working to fill that gap. Once that happens, prices could go
Prices continue to rally today. I see two separate channels working upwards so far. I still think the market will retest the former highs with a new high at a minimum. Things
Happy New Year everyone! I hope everyone had a wonderful holiday season and I look forward to getting back to our regular schedule now. Note that I will be doing my normal