Prices are trending lower at the moment. If you look to the daily chart, you will see that prices are getting into oversold territory again. That does not mean prices cannot or...
So far this appears to be a range type day. Prices are mixed and all over the place this morning, so trade accordingly and trade wisely. It is easy to get chopped...
Prices opened higher at the 8:30 AM CST regular session opening this morning, leaving an overhead gap on the chart. That gap has been filled now, so we will have to see...
Prices are selling off strongly after an early rally from the unemployment numbers. There is a two-tiered channel working lower, so stay with that until the price action shows us otherwise....
Prices started out range bound but appear to be trying to push higher this morning. I would expect that prices will attempt to trade into the upper bands on the daily chart...
Today has been mostly sideways and mixed so far. As of now, I am calling this a range day with mixed trading. That could change as the day progresses, but that is...
As you might expect, prices did reverse on the oversold conditions from the daily chart. The rally has been rather large so far this morning, and there is a large overhead gap...
The trend is down and down strongly this morning. Prices are easing into oversold territory, but that doesn’t mean they will reverse right away. We could still see more downward movement, and...
Sorry that I was unable to get to the chart lesson yesterday. I still had an emergency power situation which we worked on until 9 PM, and I just couldn’t get back...
The trend has reversed today, turning down off of the long-term resistance on the daily chart. For now, I will call the bias down and down strongly. It looks as if there...