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...
I am back in the office this week, but I will only be here sparingly. I will come in to do the mid-morning report, then leave again, and return in the evening...
Prices are mixed and range bound so far this morning. Right now, the path of least resistance appears to be down, although that does not mean we are going to see prices...
Prices rallied and filled the upper gap that was created during the MLK holiday. However, that rally has now left a lower gap on the chart, and prices may need to fill...
So far this morning, prices are rallying and trending higher. There is a lower gap on the chart this morning, so prices could attempt to turn lower and fill that gap at...
Prices are mostly sideways and mixed this morning after a gap down on the MLK holiday trading. It is very possible that prices will attempt to fill that gap and if so,...
Prices are trending lower and look to still be trading inside the tight congestion area on the daily chart. The bias is down to somewhat mixed, but that does not mean we...
Prices are up this morning, but mostly sideways since the 8:30 AM CST opening. I would call the bias sideways to mildly up, but if they cannot push higher at some point,...
The trend and bias are both down so far this morning. I see a two-tiered channel working lower that is still in play, so stay with that until the chart shows us...
Prices continue to rally today. I see two separate channels working upwards so far. I still think the market will retest the former highs with a new high at a minimum. Things...