Category: Mid Day Charts
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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...
You could see today in two different ways really. It looks like a spike and channel almost, so there may only be one upper tier to the channel (meaning the mid line...
While prices looked a little flat just after the regular session open, they continued to make lower highs before breaking lower again. Even though prices were finding some support around the 1937.0 area,...
Well, it’s hard to believe we are starting another new month of trading, but yes, it’s October 1 today. I see a clear two tiered channel working lower. We got a break...
Prices have been trending down since the early morning over night session, but now appears to be attempting to correct at a minimum if not reverse. This could turn out to be...
Even though it is later than normal, I thought I would go ahead and post what I see thus far this morning. I se a nice upward trend that started up soon...