Category: Mid Day Charts
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This looks a lot like a range day so far. The range is rather wide though, so there is plenty of room for trends within the range, so keep that in mind....
Prices look similar today as to yesterday thus far. Again, there are no real news items today that could really spark the market, so today is likely to be similar to yesterday’s...
Prices are trending lower as I am typing up this report. It was interesting that prices turned down right off the upper trend channel line on the daily chart, as that could...
The volume is down this morning, and volatility has reduced a good bit. The rally continues this morning, although I do see a break of the upward trend channel and prices are...
There is an FOMC rate announcement at 1 PM CST today. Be sure to be flat an hour prior to that announcement coming out. The market continues to push higher this morning...
The markets seem to like the election results. The Republicans look to control everything now, as they have the presidency, senate and most likely the house too now. That should be good...
The market is rallying this morning, and any problematic news items have now been announced. As of now, the trend and bias are both up and there is a nice two-tiered channel...
Prices look to be range bound so far today. There are no news items of note today, so nothing to really jolt the market other than election news maybe. I would expect...
The market remains quiet this morning so far, and the volatility is much lower. There are no news items today to spark any big moves, but the volatility can always change as...
Prices rallied during the overnight leaving a large gap on the chart. Prices turned down almost immediately at the open, most likely in an attempt to fill the lower gap. The overnight...