Category: Mid Day Charts
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We are starting a new month today, so April is now behind us. It seems like the volume starts to dry up as we get into these higher price levels. That does...
Thus far we are seeing strong buying again this morning and follow through from the rally from yesterday. I would expect prices are going to make a new high at a minimum,...
The trend and bias are up today. Stay with the trend until something changes. We could still see mixed trading today, so stay nimble as well. Prices just traded down through the...
What looked like it was going to be another range day has turned into another down day now. The khaki-colored down channel looks valid, but there is a break of it and...
Prices appear to be moving lower with quick drops, followed by tight sideways action. Be careful trading those tight congestion areas if they continue, as you can easily get chopped up trading...
Prices rallied early on but went flat right after the regular session opening. The trend and bias are still very slightly up but they do seem to be transitioning to sideways as...
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...