Category: Mid Day Charts
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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...
The opening trend to the downside seems to have reversed for now anyway. It appears that the larger upward trend channel is holding, but we need a little more price action to...
We had a trend channel working higher, and now a close outside that channel. Prices are trying to make a retest of the high at this point, so we will see what...
I know that a lot of you struggle with range type days, but I love these days. They are so predictable. Obviously they are not so fun when the range is a...
No need to wait any longer to determine that today is a down trend day and a strong one so far. This could change at any moment, so be careful going short...
We started off with a down trending channel, but it’s looking a lot like a possible range now. Unless we start working higher from here, the bias is still down for now. ...
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. ...