Prices are rallying this morning. The original channel up has a break and a new high in place, but prices are mostly moving sideways rather than selling off at this point. There
I got several emails saying my chart looked different for some reason, so I did a reload and my chart was indeed very different. I’m not sure why, but all the same,
Prices rallied strongly on the unemployment news this morning but are now correcting and taking back that move. The news rally left a gap on the regular session chart, and prices are
It looks to be another volatile day with more mixed trading overall. The overall bias is still down as I am typing, but that could be changing. Regardless of how the day
As expected, prices and volume are stagnant as the market waits for today’s FOMC news release at 1 PM CST. Prices could still move at some point prior to that report being
Prices are rangebound again today so far. There is an overhead gap on today’s chart, and if prices can push higher to fill that gap, that first target would be at 5147.25.
I am back in the office this morning as promised, but I am swamped as you can imagine. It will take me a few days to catch up, but I will be
It looks as if prices are still attempting to test the long-term upsloping trend line on the daily chart, so that is likely our first target. They rallied prices during the thin
Prices are mostly range bound this morning, but the overall bias is still slightly down for now. That could change as the day progresses, but it appears prices are pushing lower to
Prices rallied overnight, only to turn down soon after the regular session opening. The retail sales numbers came in higher than expected, which gives further reasons for the Fed to delay any