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
The trend and bias are down again today. We will have to wait and see if this selloff will stick today or if they will rally it back again before the day
The market rallied overnight but turned down immediately at the regular session opening at 8:30 AM CST. This may end up being a range day, but don’t be surprised if prices attempt
Just as expected, the CPI numbers came in higher than what the government was telling us to expect. Even worse, is they continually update previous announcements, and we always find out they
Another steep drop in prices just as I am typing this report up this morning. It will be interesting to see if buyers will step in and drive it back up again,
Prices appear to be range bound as I am typing up this report. There is a mild upward bias at the moment, but if this is truly a range day, that bias
Prices remained rangebound for most of the overnight session but broke out and higher just after the regular session opening. As of now, that breakout has failed, and prices are trading back
Prices rallied again during the overnight, but turned down just at the regular session opening and are trending lower at the moment. There is a large overhead gap on the chart, and
Prices rallied on the PMI news this morning and are once again trending higher. A measured move based on the width of the early morning range gives us a target of 5278.00
For those that watched the video yesterday and didn’t catch the part where I said April Fools, then the jokes still on you. I am not retiring, and I am still doing