Category: Mid Day Charts
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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...
The market started off pushing higher again this morning but has run into selling once again. So far, this looks like a range type day, and the trading is mixed as I...
The trend is down and down sharply this morning. There was an early sell off that was strong with a steep downtrend channel. It appears that channel has now rolled over into...
It looks like we could have more mixed trading today. The bias is somewhat down although mostly mixed and sideways. As of right now though, there is a bit of a downward...
Prices are trending higher again this morning but are very close to reaching the large bearish channel trendline on the daily chart. That long term trendline has turned prices lower every time,...
Another early range that is now seeing prices trend higher. Prices could continue to trend up since they did find support and bounce off of the support/resistance of the former tight range....
So far, it appears to be another mixed trading day. The bias is still down for now, and we could see prices make another leg down or even rebound a bit before...
Today looks like more of the same. Prices trend higher into resistance, then sell off some and end up mixed and sideways for the remainder of the day. Obviously, things could change...
The trend and bias are both up again today. The daily chart matches what we see on the 2000 tick chart at this point as well, although prices are getting into overbought...
I just noticed that Monday is Martin Luther King Day, so it is a shortened trading holiday. There will be no chart lesson or YouTube lesson on Monday for this reason. Enjoy...