Mid Day Charts

The volume is low and prices are mostly mixed so far this morning. There is an overhead gap on this morning’s chart, so prices may attempt to fill that gap at some point. If prices turn higher, the target to fill the gap is up at 7687.75. Otherwise, prices are choppy and sideways. I would…...

Today looks like more of the same. A big move up or down during the overnight session, followed by choppy sideways price action without any long-term direction. Today being a move lower that has left a gap on the high side of the chart. The sideways action could change at any time, and at some…...

Prices rallied during the overnight session but have backed off of the highs since the regular session opening at 8:30 AM CST. For now, prices are mixed and mostly sideways and choppy. There is a gap on the chart this morning due to the higher opening at 8:30 AM CST. If prices attempt to fill…...

After a strong dip in prices overnight, the chart has mostly gone sideways now in a tight range. There is a large overhead gap on the chart due to the overnight drop, so watch for prices to attempt to fill that gap at some point. That target would be up at 7765.50 should prices start…...

Prices are slowly chopping lower this morning. The ES remains overbought, so some additional consolidation or even a correction is not out of the question. That also does not mean this market cannot go higher still either though. Stay focused and disciplined and go with what the chart shows and gives you. For now, I…...

The volume is low again this morning and prices are currently trading in a very tight range. I would trade this with strict range rules until something changes. We could see a breakout to either side or even a few failures as well, so follow the rules and do not get lulled to sleep, as…...

Prices have broken out of the congestion on the daily chart, and the market is rallying strongly again this morning. I still think this market goes much higher but never trade what you think. We always follow the price action and go with what the chart gives us. For now, the trend and bias are…...

Once again, today’s price action looks much the same as the past few sessions. Prices start off range bound before finding a direction. The volume appears to have picked up some, and volume will probably continue to rise as we get further into August and early September. The fall months often tend to be good…...

The server has been moved, but the website you see will not be the final product. I was pressed to move onto the new server by a deadline, and I was not going to be able to have the new website ready in time, so I just moved the old site over for now. You…...