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So far, we are not seeing any follow through buying this morning, so unless prices rally off the failed break lower around 9 AM CST, then we may not see a bounce
Prices rallied strongly during the overnight session giving the impression that prices might have found a bottom yesterday. However, since just after the regular session opening, prices have turned down again and
The trend and bias are down again this morning and down strongly at this point in time. That could change at some point though, as we are once again getting into very
Prices trended down strongly during the overnight session but have gone mixed and mostly sideways since the regular session opening at 8:30 AM CST. The bias is still slightly down to mostly
Prices rallied during the overnight but have been mixed to slightly down since just after the regular session opening. If prices find a higher low and start trending higher again, we could
So far today has been very mixed, so it looks to be a range day thus far. Things could change before the day is over, so be flexible. The market is very
While prices are somewhat mixed, the trend and bias are still down for the moment. That could change, as prices are extremely oversold, but do not try and pick bottoms. Stay with
Prices are trending lower again this morning, and likely still pushing downward to test the measured move area on the daily chart. For now, the trend and bias are down, but there
Prices are mostly mixed and sideways this morning, but there is a slight bearish overtone as well, so the downtrend could re-establish itself. Respect the range until prices show us something different.
Prices have bounced off the lows but have been mostly sideways this morning. Prices currently have a mild upward bias, but we need to see prices successfully trend higher outside of the