Category: Mid Day Charts
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Note: Sorry I was late posting this, but it was sitting here ready since about 9:30 AM CST, and I got busy with a trade and failed to publish it for whatever reason....
The market just continues to be very volatile and with a downward bias. One traders shared an article with me that explains the big sell off as being a lack of liquidity. ...
The volatility and volume remains high for now. I see a possible two tiered larger channel that is working lower, but we need more price action to confirm that for certain. Until...
Today is much the same as the past few days. The key to everything is staying with the price action. Even though you get a lot of moves back and forth, in...
Prices traded up nicely into the regular session open, but have been trending down since that time. I see a likely two tiered channel that is working lower, and I have a...
The big movement continues again today. It looked really rangy again until just after the open at which time prices sold off in a big way, only to find support around 1906.0. ...
I see a clear two tiered downward channel at the moment. A measured move down off the first leg down gives us a target of about 1945.0, so if prices start working...
Today is an FOMC announcement day, so be aware that you will get that news announcement at 1 PM CST today. So far, the price action looks like typical FOMC price action,...
Today looks similar to yesterday’s price action in that it looks more like a range at the moment. There is likely a larger pattern in play and I see what looked like...
The price action looks like we could end up with a range day as of this post. Prices have been trending to the downside since the regular session opening and are finding...