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This looks to be a range day so far. The volume and volatility have slowed quite a bit today so far, so maybe that means things will quieten down for a bit?
Prices rallied during the overnight session leaving a large gap on the daily chart. The target to fill that gap is down around 4572.50. It looked as if prices were going to
Today looks like more of the same from the past few trading sessions. Prices are mostly sideways with a weak upward bias. If prices can muster up a measured move to the
Prices started off range like again today but are now attempting to trade higher out of the range again. We will have to see if the push higher will continue or if
So far this looks to be a range type day. It is also an inside bar on the daily chart, but with a much lower high. The daily chart indicates we need
The bias is still somewhat down at this point, but prices have been rallying since about 9 AM CST. This could end up as a range day, but if prices find resistance
Obviously yesterday was not a top, as prices have surged higher again this morning. I see a spike and channel higher that is still in play as I am writing this up.
Today has the feel of topping action, as prices have rallied for 5 consecutive days reaching a new high in this move just after the regular session opening this morning, only to
The rally has continued today, and prices are trading above the resistance of the range on the daily chart as well. For now, the trend and bias are up, although we could