Category: Mid Day Charts
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The trend is up for now and it’s possible there is a larger channel of some type in play. I like the shorter term channel, but we need more price action to...
It is shaping up to be another range type day at this point. Not much movement today so far. We had a channel working higher, but there was an over shoot and...
So far, it’s all down hill this morning. It could still turn out to be a range day, but the trend is certainly down for now. I see a two tiered channel...
I have had a few distractions today, so this is a bit later than usual. What looked like a very slow range for Friday has turned into an uptrend for now. The...
Today is shaping up to be a range day thus far. If this pattern holds, we are looking at another 5 or 6 point range today. Prices are attempting to test the...
There have been some good moves already this morning, and prices have corrected back to the upper down trend line. This is where it will be important to be patient and wait...
Prices finally moved through 1900.0 and the trend is up for now. Prices are finding resistance at 1909.0, but I would expect prices will move through that level, even if only temporarily. Even...
The bias is still up, and this is a Friday going into a long holiday weekend, so it could end up as a range day, but for now there is still an...
This is an obvious range day for now. Understand that we are approaching a century level, which is 1900.00 on the charts, but also these prices are very close to all time...
First of all, this is an FOMC announcement day, so make sure you make note of that and it releases at 1 PM CST, so the market will likely be very volatile...