Mid Day Post 5-15-2014

Mack

No need to wait any longer to determine that today is a down trend day and a strong one so far.  This could change at any moment, so be careful going short...

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Mid Day Post 5-14-2014

Mack

We started off with a down trending channel, but it’s looking a lot like a possible range now.  Unless we start working higher from here, the bias is still down for now. ...

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Mid Day Post 5-13-2014

Mack

Today is a range day, although there was a slight upward bias left over from yesterday’s rally.  I see a two-legged channel to the upside within the range, but that trend line...

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Mid Day Chart 5-12-2014

Mack

We have been trending upwards all night and into the opening.  I see a break of the trend line now, but no new high just yet.  We could reverse from here, or...

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Mid Day Chart 5-9-2014

Mack

I see a downward sloping channel this morning with a mid-line, but this could also end up being a range day too, just not enough price action to determine that point yet. ...

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Mid Day Chart 5-8-2014

Mack

We have an early trend today so far, so I decided to go ahead and post the chart now.  This could still turn into a range day before it’s over, but for...

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Mid Day Chart 5-7-2014

Mack

We had what appeared to be a trading range type day until the Fed news came out at 9:00 AM CST at which time the water fall occurred.  I’m not sure if...

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Mid Day Chart 5-6-2014

Mack

Here is today’s mid day charts.  I have been distracted slightly this morning working on our group rates with AMP Futures, but it was a good distraction.  I have been able to...

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Mid Day Chart 5-5-2014

Mack

Here is a snap shot of my chart at 9:30 AM CST.  At the moment, we are trending higher.  The morning started weakly with a down trend, and then reversed, and the...

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Mid Day Chart 5-2-2014

Mack

Today we have a channel working up for the moment.  We have resistance at the over night high, so we need to get through that area to continue the uptrend.  We could...

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