Category: Mid Day Charts
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The trend and bias are both down this morning. There is a two tiered channel working lower, but prices just broke outside that channel as I am writing this. The day could...
The trend is up again this morning. The early trend is much too steep, so expect prices to flatten out, even if the trend continues to move higher. For now, the bias...
There is another spike and channel this morning as the price action continues to work back up to the 2800.00 price levels. The key now is if the upper trend channel line...
The trend is up and strong so far today. Price traded higher during the overnight, only to accelerate into the regular session opening. I see a larger spike and channel, with a...
With it being roll over time, prices seem to be flat this morning. There was a trend down in the overnight session, but since just prior to the regular session opening, prices...
The down trend from yesterday has continued into today. There was a steep sell off early on, with a spike and channel to the downside that appears to have played out for...
Prices have been trending down now since just prior to the regular session opening, so the overall bias is down. Roll over is coming over the next couple of days as well,...
Prices are somewhat neutral to slightly down at the moment. If prices continue working down from this point, I would look for a possible measured move lower. The key will be if...
Prices are mostly sideways with a slight downward bias so far this morning. There is a gap on the daily chart as I am typing, so prices will likely “attempt” to fill...
Prices continue to hover around the 2800.00 price level, which is not unusual since the century price areas are always somewhat emotional areas. Prices were trending up nicely early, but went flat...