Category: Mid Day Charts
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The trend is down again so far this morning and the volatility is high again as well. I am watching the darker blue and flatter channel at the moment, and it does...
It is all down hill again this morning so far. That means there is a large gap on the daily chart, so prices could attempt to try and fill that gap at...
Prices are mostly sideways as I am writing this, but the trend has been up since early this morning in the over night session. There is a gap on the daily chart...
It is all down hill today so far. There appears to be a larger two tiered channel working lower (the darker channel), but it is a much higher level and it may...
The trend is up this morning. I see a possible large two tiered channel working higher. It’s hard to determine exactly where the highs might be, but the larger two tiers appears...
The trend and bias were up during the overnight session and into the regular session opening, but things have flattened out now. There is a large gap on the daily chart that...
The trend and bias are up as I am typing this out, but if the current highs hold, we could see prices turn down again and maybe even a range type day....
There is an FOMC announcement at 1 PM CST today, so keep that in mind first and foremost as today’s price action sets up. Normally you want to be flat an hour...
It looks to be another slow range type day so far. Similar to yesterday, if prices can move lower through the support levels, we might see a measured move down. If not,...
Things look a bit slow so far this morning. This has the look and feel of a range type day so far, but prices are near all time highs, so things can...