Category: Mid Day Charts
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Prices rallied on the consumer sentiment news this morning. Seems funny to say that, but we never argue with the price action, as we will get punished if we do. I see...
The trend and bias are down this morning. After a strong overnight rally, the selling started coming in just after the regular session opening this morning. As always as of late, anything...
This looks like we are going to see another range type day early on at a minimum. Things could start trending in either direction at any time, but for now, the bias...
We are seeing some follow through selling after the Friday sell off. Prices were extremely overbought, so a correction was needed to relieve some of that overbought pressure. At the moment, the...
While prices have been mixed, the overall trend and bias are up as I am typing this up. This market continues to find heave buying at times, so do not try and...
Prices are mixed but have an upward bias all the same. Respect the overnight highs as prices approach them and make that price level prove that it is no longer holding prices...
Today is a big news day, particularly the 1 PM FOMC Statement. Make sure you are flat an hour before that one. The others I would be flat 15 to 20 minutes...
While prices have been sideways in a tight channel for the last couple of hours, there was a strong trend up into this range. That could lead to another attempt at a...
Today has been mixed thus far, so it could go a few different ways. For now, the bias is mostly down, and prices could be about to attempt a measured leg down...
Another range with a break and trend higher. Will the trend continue today or turn downward at some point? Lately, the early trend usually turns before the day is over, but nothing...