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Prices are in a very strong downtrend at the moment. There is an FOMC speaker talking at 10 AM CST as well. Normally those speeches do not amount to much, but you
Prices appear to be mixed this morning. Prices did rally momentarily, just after the regular session opening, but that breakout quickly failed, and prices moved back inside the overnight highs and lows.
Prices rallied into the 9:00 AM CST Job Openings Report. Since that point, prices have been volatile and mixed, with no sense of long-term direction. It seems job openings have slipped to
Prices are trending lower this morning, but I do see a break and new low in place at this point. Prices may attempt to form a new channel and continue pushing lower,
Today looks almost the same as the chart did yesterday at this time of day. The spike up is not as strong, but it is the same general pattern with a spike
Prices bounced off of the mid-line of the Envelope Bands on the daily chart and surged higher afterwards. I see a large spike and channel at the moment, and prices have rallied
So far this looks to be a range day. There was a slight downward bias most of the early morning, but once prices reached the overnight lows, they bounced. That does not
This looks to be a possible range day, but how prices react as they retest the highs of the overnight will determine how the day goes most likely. Looking at the daily
Prices are trending lower as I am making this report, but this has the look of a possible range type day as well. We will need to watch and see how prices
Prices rallied during the overnight and early morning on an uptick in the 9:00 AM CST new home sales. Fed Chair Powell also said it was time to cut interest rates. As