Category: Mid Day Charts
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Prices rallied early but have gone sideways since the 8:30 AM CST regular session opening. There was a small gap that has now been filled as well, so prices could start moving...
Prices gapped higher during the overnight and traded up leaving a gap on the chart this morning. Prices may attempt to fill that gap at some point and appear to be working...
Prices rallied for most of the morning but appear to have found some resistance now. Prices appear to be mixed for now, but they could go in any direction before the day...
Prices have been mixed again this morning, and the volatility appears to be gaining momentum again the last few days. This day feels much like yesterday. Prices trended lower early, only to...
There has been no follow through buying today and in fact, we are seeing just the opposite with prices selling off instead. At the moment, the trend and bias are both clearly...
Prices sold off strongly after the building permits missed estimates this morning. However, they have now found a bottom and taken back the sell off. These strong news moves are often erased...
Early on it looked as if this might be a range day, but prices are rallying as I am typing, so we will have to see if they continue higher or if...
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...