Category: Mid Day Charts
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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. ...
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...