Category: Mid Day Charts
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Thus far, things look range like this morning. Prices trending higher into resistance, and then quickly sold off testing the overnight lows again, but so far, those lows are holding. If that...
First off, I want to wish everyone a happy new year. I hope the new year’s brings great things for each and every one of you. I wish each of you good...
Prices are trending lower this morning and strongly so. I see a two-tiered spike and channel down at the moment, and it is still in play. If the market cannot rally again...
The trend and bias are up right now, but do not forget that there is an FOMC announcement at 1 PM CST, and that will likely shake things up and that news...
Prices shot straight up on the CPI news this morning, but they have been trending lower in a mild downtrend since that point in time. Prices usually take back news items rather...
Prices continue to work sideways on the daily chart, while up and down inside that price range on the intraday chart. There are no news events today, so nothing to spook the...
After a large drop in prices in response to the PPI numbers this morning, prices have rebounded to some degree, but mostly sideways as of this point in time. A measured leg...
Prices are trending higher this morning and could make another measured leg up at a minimum. Looking to the daily chart, you would expect prices to pull back and test the EMA,...
Prices have been trending upward with mixed movements since early in the overnight session. It still looks to be range like price action overall for now though. Respect the highs of the...
The trend and bias are down this morning, although the small two-tiered channel I see working lower is maybe playing out as I am typing. The larger Cyan channel could be in...