Prices are up but mostly moving sideways this morning. There is a gap on the chart and if prices turn lower to fill that gap, that target is down at 6697.75. For
Prices rallied early on the PCE news but eventually turned down in what looks like an attempt to fill the gap left on the chart at a minimum. That target was 6662.00.
Prices continued the sell off early on, but found support just after the regular session opening, which also corresponded to a bounce right off of the 21 EMA on the daily chart,
Prices appear to be consolidating after the recent rally to new highs. This is normal and actually healthy for a continuing rally. If prices push up too high too quickly, they will
Prices are in a very tight range this morning. It is easy to get chopped up in this stuff, so I would suggest only using range rules when trading it. Things may
Prices are rallying strongly this morning. What looked like might be a range day has now seen prices easily push higher. I would expect prices to make new contract highs again today.
Prices are mixed and this could end up as another range day. If this turns out to be a range day, the bias could flip back and forth during the day. For
While prices have backed off of their highs, they are making new contract highs again this morning. As suspected, the bounce off of the mid-line on the daily chart has sent prices
While we are getting some follow through selling this morning, so far it looks to be a range type day. My guess is that we will see a lot of mixed trading
While prices are in a downtrend, they still opened higher this morning leaving a gap on the chart. Prices have already filled that gap (Target = 6674.25) and there is a break