Category: Mid Day Charts
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Due to some unexpected business issues, there was no mid day chart this morning. There may not be one on Monday either, so if you do not see one by 10:30 AM...
So far, it’s all down hill this morning. These are the types of trends we wait on to happen, so you have to take advantage of them when you get one. I...
Today’s price action looks much like yesterday’s chart with the exception that the bias appears to be up today. It is difficult to trade this type of price action without taking a bit...
There is an upward sloping trend at the moment, but it is finding resistance at the overnight highs and the highs of yesterday’s afternoon price action. If prices can move through the...
So far this looks more like a range day than anything. There was a nice sell off during the over night, and normally you would expect to see another leg down, but...
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...