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Prices are currently in a down trend, although they did fill the gap that was on the chart, so prices could try and rally again, although I do not see any clues
Note that Monday is Presidents Day, and the markets will be closed, so there will be no mid-morning chart or YouTube lesson on Monday. I will see you on Tuesday. Have a
Note that I had a typo in the mid-morning update on the resistance area on the daily chart. I had typed 6606.00, when the resistance area is actually 6106.00. I just wanted
Prices are rallying this morning, and there is a spike and channel up that is still in play with no breaks yet. Note that the daily chart is not showing new highs,
Prices sold off strongly on the CPI news this morning but eventually found support and have rallied since that point. The two-tiered blue bull channel now has a break and two legs
Prices look as if they may remain range bound today. That could change, but as of now, I would classify this as a range. Prices opened lower leaving an overhead gap on
I am back in the office and business as usual as of this morning. It feels like I have been gone forever, and I truly had no access to the markets, so
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