Category: Mid Day Charts
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Today is a range day, although there was a slight upward bias left over from yesterday’s rally. I see a two-legged channel to the upside within the range, but that trend line...
We have been trending upwards all night and into the opening. I see a break of the trend line now, but no new high just yet. We could reverse from here, or...
I see a downward sloping channel this morning with a mid-line, but this could also end up being a range day too, just not enough price action to determine that point yet. ...
We have an early trend today so far, so I decided to go ahead and post the chart now. This could still turn into a range day before it’s over, but for...
We had what appeared to be a trading range type day until the Fed news came out at 9:00 AM CST at which time the water fall occurred. I’m not sure if...
Here is today’s mid day charts. I have been distracted slightly this morning working on our group rates with AMP Futures, but it was a good distraction. I have been able to...
Here is a snap shot of my chart at 9:30 AM CST. At the moment, we are trending higher. The morning started weakly with a down trend, and then reversed, and the...
Today we have a channel working up for the moment. We have resistance at the over night high, so we need to get through that area to continue the uptrend. We could...
Today looks mostly like a trading range for now. Just understand that a range can turn into a trend at any time. For now, we had a very tight trend channel working...