Prices have rallied this morning, but the current trend channel appears to be playing out for the moment. That does not mean that the trend up cannot re-establish itself, but as of
Prices rallied during the overnight session only to turn lower just after the regular session opening. There is a large overhead gap on the daily chart, so price may attempt to fill
As of now, prices are range bound, but prices are testing the lows and attempting to break lower out of the range as I am typing this report up. The overnight lows
Prices are mostly sideways today thus far, but they are trending higher at the moment and testing the overnight highs as I am writing this up. Those overnight highs also just happen
Prices are trending lower this morning and I see a spike and channel down at the moment. Prices sold off strongly during the overnight but have now gone into a much flatter
Prices rallied during the overnight session and into the early opening but have now turned lower. The higher opening left a gap on the chart, so prices are likely trying to fill
The trend and bias are up this morning. There is strong resistance around 5700.00 – 5707.00, so watch that price level closely. Be careful getting long into that price level. There is
Prices are rallying back into overbought territory again this morning after turning up right off of the blue trend line on the daily chart. It appears that the blue trend line on
The trend and bias are down today. The CPI news was released today, and it shows cooling inflation. Not that I believe any of their reports, as they are all rigged. However,
This has the look of a spike and channel up, and as of now, the upward trend line is holding. We are still likely to see more mixed trading today, but for