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The trend and overall bias are up this morning, but prices have been mostly sideways since just after the regular session opening. There is strong resistance around 4265.00, which is the former
Early on it appeared as if prices were going to try and rally off the lows and maybe reverse today. Now it looks as it prices could go lower or possibly remain
In looking at the daily chart for some clues as to where prices may be going, it looks to be more of the same, with prices still trending up and down within
It is no real surprise that prices are trending lower this morning, as there was more room to go lower than higher based on the overhead resistance on the daily chart. Prices
Prices gapped higher due to the overnight rally, but that gap has already been filled and prices are still trending lower as I am typing this up. Prices have suddenly dropped quickly
Prices are sideways to slightly up this morning, and if prices are to make a measured move higher, they will first have to get through the resistance level around 4350.00. A measured
Today appears to be more of the same, with prices swinging up and down within a given price range. Prices did trade up and turn down right at the mid-line of the
This was a trade I took this morning 12-07-2021. There has been a strong trend this morning and this was a pullback to the KEP (Key Entry Point).