Prices broke higher and trended strongly up to a measured move, only to suddenly sell off just as strongly. It looks like we might have had an overshoot on the blue channel
Prices are rallying strongly this morning. There was a break and a new high on the original tight channel, but it looks as though that channel might have folded over into a
Prices turned lower off of the midline of the daily chart and have sold off strongly this morning. For now, the trend and bias are down, although I see a break and
The trend continues to push lower this morning. There is a break of the light blue channel, but the darker blue channel is still a possibility, so respect it until prices show
The trend and bias are down this morning and the sell off seems to be picking up steam. The market was extremely overbought, so a correction was likely to come soon. In
It looks like Monday will be a holiday, so no trading on Monday due to the Juneteenth holiday trading schedule. Enjoy the long weekend! Prices are mixed today, but there is still
This was one of our bread-and-butter setups on two legs back to the Trendline followed by a 2nd entry trigger. There was an excellent signal bar to go with the setup, so
The trend and bias are up again this morning. It looks like a spike and channel up, but I am not so sure about the larger light blue channel just yet, as
I am back in the office today after a great fishing trip. It will take a me a day or so to catch up with the emails and get back on track,
Prices are trending higher this morning, and strongly so far. I see a two-tiered channel working higher, so stay with that channel as long as it remains in play. For now, the