So far, the trend is down this morning. It appeared prices would find support around 1963.50, but prices were finally able to break through and continue lower. I see a tighter two tiered channel
Often I am asked about first entries or when is it OK to take one legged pull backs to the EMA or trend line. The answer to this is rather simple, although...
It has been another excellent trading day thus far, and I have already met my goal today, so I am finished with my trading for today and the week. I see a...
I just noticed that this never published yesterday? Not sure what happened, but it was ready to go by 9 AM CST? Sorry that I failed to post it and then I...
I was a little later than normal getting this out this morning, so I apologize. However, I got involved in a nice trade, so was holding on working on the mid day...
Let’s hope that the price action picks up a bit today after the slow and low volume day we had on Monday. So far, it’s looking like it could be another range...
We had a tight channel that was trending higher most of the overnight. That channel had a break and a successful retest, and now the market is correcting. This is a good...
I get a lot of questions about this type of trap, and rightfully so, as it is a very powerful pattern. So powerful in fact that it alone could allow you to make...
The pattern today is similar to what we saw at the open yesterday with prices trading down in the overnight session until they bounced soon after the regular session opening. That doesn’t...
There was a strong sell off during the over night hours, but it subsided soon after the regular session open and prices have been trending higher since then. For now, prices are...