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Prices have continued to trend lower today but have found some support around the 4435.00 price level. Prices could be attempting another leg down, but we need to see if they can
The trend and bias are down this morning and strongly at times. We could still see some mixed trading and volatility, so do not get lulled to sleep. The light blue two-tiered
While this could end up as a range day, prices appear to be attempting a second measured leg down at the moment. Should prices fail, that could lead to a range day
Prices are sideways and ranging so far today. Things could change as the day progresses, but for now, treat this as a range day.
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