Category: Mid Day Charts
- Home / Archive by category Mid Day Charts( Page 2 )
The trend and bias are down today. The CPI news was released today, and it shows cooling inflation. Not that I believe any of their reports, as they are all rigged. However,...
This has the look of a spike and channel up, and as of now, the upward trend line is holding. We are still likely to see more mixed trading today, but for...
Prices are range bound for now, although that could change as the day progresses. The overall bias long term is up, but the path of least resistance for now is down due...
Things are a bit slow this morning with low volume. This is most likely due to a holiday hangover and things will probably pick up as the day progresses. Prices rallied during...
Prices have been moving higher since around 7 AM CST this morning. There is strong resistance around 5535.00 to 5538.00, so prices will need to successfully push above those levels if they...
Prices have been mostly rangebound overnight and into the regular session opening but turned down after the 9 AM CST PMI news. That news appears to have pushed the market lower and...
The rally continues so far today. After three consecutive higher closes, the most likely scenario was more upward action today, and we are getting that in droves thus far. Don’t get lulled...
Prices are still pushing higher off of the trendline on the daily chart, so it looks as if the uptrend is not done just yet. Prices rallied very strongly early on this...
Looking at the daily chart, prices traded down and then bounced right off of the current trend line. There was an overhead gap on the regular session daily chart as well, and...
While there is a mild upward bias, so far this looks to be a range type day. There is strong resistance around 5530.00, so prices will need to breach that and sustain...