Category: Mid Day Charts
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My surgery yesterday was a bit more involved than I was expecting. I’m in a bit of pain today, so while I am in the office for a bit, I am taking...
The volume and volatility have really slowed over the last few trading days. I am not sure what that means at this point, as it could just be traders waiting on some...
It looks like I didn’t miss much while out. There appears to have been a large rally on Thursday, but just more sideways action other than that. Today the volume appears to...
Prices traded down strongly during the overnight session but have been mostly sideways since the regular session opening. Prices may attempt another measured leg down, but if they cannot successfully push through...
Prices are mixed again today. I would expect more of the same, with prices trending up and down as the day progresses. We could see sharp moves and reversals in both directions,...
Prices appear to be trending lower in the two-tiered blue channel. There is a sideways feel to this since it is such a weak downtrend, so you could trade this one both...
Today looks mostly sideways so far. Looking at the daily chart, prices are into overbought territory, so a correction could come at any time. For now, I see mixed trading that looks...
Mack's Daily Chart with the Envelope Band/Strtegy.
Today looks very similar to yesterday’s price action. Prices trended higher during the overnight session, only to find resistance and start working sideways after the regular session opening. Prices just found resistance...
Prices rallied during the overnight session but are finding resistance and mostly only moving sideways since the regular session opening. The overnight rally has left a gap on the chart, so I...