Category: Mid Day Charts
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The trend and bias are up strongly this morning. I doubt that the market can continue to climb at this pace, so look for a possible flatter channel to appear or maybe...
The price action is similar to yesterday’s action with the exception that the bias is up right now instead of down. We need a bit more price action to confirm the larger...
The bias was relatively neutral to slightly down until this latest leg down. Now things appear much more bearish overall. Things could change at any moment, but for now, I would say...
If you were missing the mid morning chart and YouTube lesson for Tuesday 1-16-2018, then you were not alone. Due to the winter storm that came through my area, I did not...
After a bit of a correction during the overnight session, the market found support and has been trending higher. The current channel has a break with a new high in place, but...
For some reason the commentary disappeared on this post as I posted it this morning? I am looking into this along with the volume issue as well. Anyway, it’s been all up...
Things look range like so far this morning. We could see another sell off with a second leg down, but at this point and in this market, you can’t rule out prices...
We need a bit more price action to confirm the brown channel, but it looks to be in play with what we have printed to the chart so far this morning. I...
The overall bias has been down for most of the over night session, but it is changing to neutral and might be setting up to rally again. For now the bias is...
Today has the look and the feel of a range type day. This market has been strong lately though, so we could see another leg up similar to the one that occurred...