Category: Mid Day Charts
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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...
The trend is up again this morning, and the price action is very similar to what we saw yesterday, except prices have not started correcting really. Prices could continue to push upward,...
The trend is continuing so far this morning with prices now testing the 2700.00 price level. Everything is pointing up for the moment and the bias is up as well, although the...
Happy new year to everyone and welcome to trading in 2018. It is hard to believe we are already starting a new year. The market is off to a good start as...
I see a two tiered upward channel, although it’s not a very strong trend. In the end, this could be a range setting up, or it may just be some consolidation after...
There is an easy to see and very clear down channel this morning. I do see a possible close outside of the channel as I am writing this, so we could see...
The sell off from yesterday continued into the over night session, but prices seem to have found at least a temporary floor just after the regular session opening this morning. That means...
I see a possible two tiered channel working higher at the moment. Pay close attention to the resistance area at 2076.0 – 2077.0, as that will be a key area that tells...
Prices look range bound overall, but I also see a possible upward channel that has prices trending upwards. The bias is slightly up for now, although this could change. Draw your short...
While prices sold off strongly during the over night session, they are clearly range bound for now. The market has a bearish slant at this point and it is very possible we...