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Prices are rallying strongly this morning. Not sure if Powell said something the markets liked or not, but the rally zoomed higher just at 9 AM CST when he was scheduled to
While prices are mildly up as I am typing this up, prices still appear to be in a range for now. Respect the range highs and lows until the price action shows
Prices are mixed to mildly down so far this morning. I see an overshoot on the two-tiered down channel, but prices still look to be attempting a retest of the lows. An
Prices sold off strongly on unemployment claims and PPI reports prior to the 8:30 AM CST regular session opening, thus leaving a large overhead gap on the chart. Prices quickly reversed and
After pushing to all time highs yesterday and again today, the market is now reaching overbought territory again, and some consolidation or another correction is not out of the question. Prices are
Prices are working in a range at the moment, but there is a mild upward bias as well, so keep that in mind. That bias could swing back and forth if this
Prices are mixed this morning. There is a mild downward bias, but treat this as a range as long as the overnight lows continue to hold as support. There is a gap
The trend and bias are both up this morning. There is a small gap on the chart, but prices have rallied consistently since the 8:30 AM CST opening, so that gap may
Prices opened almost 40 points higher at the 8:30 AM CST opening this morning, leaving a large gap on the chart that prices have just about filled as I am typing up
So far, it looks like a mixed trading range with a possible range in play. The bias is slightly down to mixed as I am typing up this report, but as we