Category: Mid Day Charts
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Look at how flat the EMA is today, all the way across the chart for the most part. Prices have been trending down since the open, but for now, I would pay...
The chart is coming a little late again this morning, but it is due to reasons out of my control, so I apologize. At any rate, the trend is up and I...
Today is FOMC announcement day, and that normally brings a very quiet market during the last few hours leading up to the announcements. The last FOMC announcement day saw a really good...
The trend has been up for most of the morning, but is correcting now at a minimum. It’s hard to determine if prices are just correcting in a larger trend or if...
Prices are in a range for the moment, but as always, there might be a larger pattern that has not yet revealed itself. Maybe there is a larger upward sloping two tiered...
Today looks very similar to yesterday’s chart. That could change, but for now, it looks like a range day that is very typical to Thursday’s price action. I switched to the December...
There is a definite downward bias so far this morning. What looks like a possible trading range may actually be a two tiered downward sloping channel, but we need to see a...
I’m seeing what looks like a two tiered trading range at the moment. There was a clear (shorter term) channel working lower, with a break of the trend line followed by two...
I see a two tiered channel working lower at the moment. Prices haven’t tested the upper channel line yet though, so I would like to see a bit more price action before...
Today started off as a very tight range day with two levels, but has now started trending lower. The larger two tiered trend needs a bit more price action to confirm, but...