Prices are trending lower this morning. We do have a break of the larger downtrend, and it appears prices are no attempting to retest the lows. Stay with the downtrend as long...
The trend and bias are up for now. I see a spike and channel working higher and it is still in play as I am typing up this morning’s report. Stay with...
Prices sold off strongly during the overnight, pushing down to the mid-line on the Envelope of the daily chart, where they rebounded and are now trending higher. This looks to be a...
The trend and bias have been down since just at the 8:30 AM CST regular session opening. Prices look as if they are trying to rebound some after the 9 AM CST...
Prices are mostly mixed and sideways this morning, although there is a mild downward bias at the moment. This day could go in either direction, but for now, I would treat it...
Prices are trending lower this morning, which is not unexpected. I would expect prices to at least pull back and test the mid-line of the large channel on the daily chart. We...
Prices opened higher this morning leaving a gap on the chart. So far, prices have mostly only moved sideways with mixed price action. Prices may attempt to fill the gap before trying...
While prices appear to be rangebound for now, there is still an overall upward bias this morning. While you should stay with the trend on your entries, you should also be choosy...
While prices are mostly sideways at the moment, the bias is still up overall. Just trade this as a range with a bias to the long side for now. There was a...
Prices are rallying to new highs again this morning on the CPI news. It appears inflation is slowing more than expected, which will give more leverage for the Federal Reserve to lower...