Prices still have a mild upward bias so far this morning, but this might end up as a range or even reverse into a downtrend. Watch the highs of the overnight as...
Prices are rallying strongly so far today. This is a good example of a trend continuation after a break and small correction. Many times, a trend will start off too strong, and...
Prices trended lower most of the overnight and into the regular session opening where they have been mostly sideways since then. There is a mild upward bias to the sideways action, but...
Prices are rallying this morning. The bias and trend are up! Any gaps have been filled, and the current trend is still in play, so stay with it until the price action...
Prices started out in a quiet and low volume range but eventually broke higher and move a perfect measured move based on the width of the original range. As of now, prices...
The market is trending lower this morning, although I do see a convincing break of the trend line at this point. A retest of the lows is likely, but we could see...
Today is roll over day, so go ahead and roll to June if you haven’t already done so. Prices are attempting to rally today but have gone somewhat sideways over the past...
Prices rallied overnight and into the early morning, right up until the consumer sentiment reports came out at 9 AM CST, when they suddenly turned lower and more mixed. The rally left...
The market remains very oversold, but so far, it only looks as if we are seeing more consolidation, which means possible acceptance of prices at this level. We need to see some...
It appeared as if prices were finally going to rally a bit this morning, only to turn lower again after the CPI news came out at 7:30 AM CST. That news sent...