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...
Happy New Year everyone! I hope everyone had a wonderful holiday season and I look forward to getting back to our regular schedule now. Note that I will be doing my normal...
We are getting some follow through buying so far this morning. The question is can we sustain the buying today or will prices back off and trend lower before the day is...
Maybe yesterday was a capitulation day, as prices are rallying strongly this morning. As we have seen lately, things can change on a dime, so do not get lulled to sleep and...
Prices opened higher at the 8:30 AM CST regular session opening but quickly turned lower in an attempt to fill the lower gap on the chart. Prices have filled that gap, and...
Prices continue to trend lower this morning, although they are finding at least momentary support at the overnight lows. We will need to wait and see if those lows create a low...
Prices have been trending lower since just after the regular session opening at 8:30 AM CST. There was a lower gap on the chart, but prices have filled that gap now and...