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This report is a little late this morning. We have weather issues that made is very difficult to even get here, then there have been some internet problems as well. Hopefully the
The trend and bias are both down as I am making this report, but things are still choppy as well. This could end up as a range day or prices could even
The trend and bias have been down this morning, but I already see two measured legs down and prices are attempting to come back and test the lower breakout area of the
Prices are mostly mixed, but they are trading higher so far this morning. We could see prices attempt a measured leg up, and if so, that target is just shy of 4800.00.
Prices trended lower during the overnight session but have found support and started working higher since just after the regular session opening. There is a large gap from the close yesterday to
UPDATE at 10:00 AM CST: Prices did indeed push through my upper trend channel line, so here is guesstimate #2 as to where that upper line might be located. The market is
The trend and bias are up so far this morning, but prices have found at least temporary resistance around 4760.00. We will have to see if the trend will end there, or
Prices appear to be mixed again so far this morning. Prices have been rallying off the lows since just after the regular session opening at 8:30 AM CST, so the trend and
Prices looked much the same today as yesterday, but they finally managed to push lower today. It will be interesting to see if the lower prices will hold today or if we
Welcome back and Happy New Year to all. While it has been about two weeks, it seems like I just left for my Holiday vacation, so time continues to fly by. Prices