Category: Mid Day Charts
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The trend and bias are down this morning. The larger darker channel looks valid, but we need a bit more price action to confirm it, so it’s just something to watch for...
Make note that there is an FOMC announcement at 1 PM CST today, as that can be a high impact news item. The bias has been slightly down to neutral since early...
The down trend from Monday has continued so far into today. I see a break of the down trend line and a new low in place now, so prices could bounce soon....
Things look a bit slow so far this morning. Prices are still trading within the over night highs and lows as well, while swinging back and forth over and below the ema,...
This looks to be a range type day, as prices are still trading within the over night highs and lows. Prices are also consistently swinging above and below the ema, so that...
The reversal from yesterday has continued today so far. Prices are trending upward and I see what appears to be a channel working higher, although we need a bit more price action...
The trend and bias are down this morning, but prices are trying to find some support around the 2614.00 price level. That will be a key price area to watch for now....
The trend and bias has been down all morning, but that could be changing as I am typing. There appears to be a close outside the channel with a new low in...
Today looks to have no direction at this point, so this could end up a range type day. For now, prices are flat and the bias is rather neutral, but that doesn’t...
The trend is down as of now, but prices are still trading inside the over night highs and lows, so prices could find support and bounce soon. The key at this point...