I see a gap up this morning that looks like a spike and channel pattern. When you see a lot of small choppy bars that keep moving in one direction, it is
UPDATE: Now that we have a bit more price action to the down side, I see what appears to be a nice two tiered downward channel. A measured move down would give...
Today looks very rangy again so far, with prices swinging from one side of the EMA to the other. I do see a possible two tiered upward channel, but it’s so flat...
While the bias was down slightly this morning, this looks more like a trading range than anything else right now. There was a break of the trend line and a retest with
It has been down hill all the way today so far. Even though it felt like we had a lot of movement yesterday, the market basically closed unchanged for the day. The...
The trend continues to be us so far today. What started out as a strong move up in the over night has leveled off to a more manageable 45 degree trend at...
I have received an exceptional number of comments about my “soapbox” comments from Wednesday’s YouTube video, so I decided to take that portion only from the video and add it to a
The market rallied strongly during the overnight after finding support just below the 1900.0 area. However, since the regular session opening at 8:30 AM CST, prices have been range bound. The 1910.0...
I was not feeling well this morning, so I came in a little late, thus the reason the mid day chart is a little later than usual. I figured I would not...
As I discussed in a recent YouTube video, the long road to day trading success is very real. Another trader sent me these 38 steps to becoming a successful commodity trader, and...