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It appears we are in a large two-tiered down channel this morning. Looking at the daily chart, prices have turned lower at the down sloping trendline as well, so it looks like
Prices are rallying this morning and strongly thus far. If you look to the daily chart, you will see that prices are right at the down sloping trendline. Unless that trendline is
Prices look range bound today with mixed trading. As I stated yesterday, it appears we are now moving into a bear phase with the market, although we got extremely oversold in the
Prices started out lower again today but have rallied mildly off of the lows. There is a two-tiered channel working higher, but there was what looks to be an overshoot of that
My area is being hammered by a large winter storm today, and more snow is predicted for later today. If you live in the South or have ever visited in the winter,
Today looks to be a possible range day. Prices are testing the lows as I am typing this up, so we will need to see if the lows continue to hold or
Prices were mixed to slightly up prior to the Job and PMI reports that came out at 9:00 AM CST. Prices turned lower on that news and are attempting new lows for
Welcome back to a new year of trading. I hope everyone had an enjoyable break and holiday season. Happy New Year to each of you! As you would expect, I am way
I just wanted to take a moment to tell everyone Merry Christmas! I hope 2024 was a good year for each of you, and that 2025 will be even better! If traveling
First and foremost, this will be my last workday of the year. I will complete a chart lesson today, but there won’t be a new mid-morning report or chart lesson until 2025,