Prices look similar to yesterday’s action so far. After an overnight sell off, prices are now in a mild rally. The overhead gap has been filled already, and prices continue to try
Prices are rallying again this morning. There was a gap up on the 8:30 AM CST regular session opening this morning, so that leaves an overhead gap that prices may attempt to
Prices are mostly mixed this morning. There was a mild upward bias that begin just after the regular session opening, but that appears to have turned and started trending lower as I
Prices are mixed to up again this morning. There is a larger overhead gap this morning, and prices may attempt to fill that gap before the day is over. That target would
Prices sold off strongly just after the regular session opening, probably on news of retail sales and PPI. However, prices quickly found support and formed a V type bottom and quickly erased
Prices appear to have found at least a temporary bottom on Friday and while the rally fizzled some by the close on Friday, we are getting follow through buying to the upside
Things are mostly mixed and sideways so far today. Prices opened higher at 8:30 AM CST, leaving another gap on the chart this morning. Prices have attempted to fill that gap but
Prices have rallied strongly again this morning, but like yesterday, there is a large gap on the chart, so prices could pull back in an attempt to fill that gap. If prices
Prices are rallying strongly this morning. After being severely oversold yesterday, a rally is welcome and not unexpected. It appears that prices are putting in a bottom for the moment, but we
A couple of items of note on the daily chart this morning. 1. Prices continued to trend lower overnight and into the opening this morning, allowing prices to create a new low