Category: Mid Day Charts
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Prices started out sideways again this morning but found support just after the 8:30 AM CST regular session opening and have rallied since that point in time. Prices found support right off...
I am posting this a bit early this morning because I have a dentist appointment I have to attend. I figured early was better than later. Prices turned up right off of...
Someone recently asked why I do not mark the trades on this mid-morning chart. The idea for the mid-morning chart is not to show any setups or trades. The reasoning for it...
We did indeed get follow through selling today after turning lower off the highs of the range on the daily chart. For now, and if the sideways action continues on that chart,...
There are no news items today to worry about, but the market has seen a nice correction already today. I see a two-tiered down channel that is still in play as I...
Prices turned lower during the overnight session after reaching the overhead resistance at 6157.00 on the daily chart. If the resistance holds, we could see prices turn down again for a bit....
Prices are currently in a down trend, although they did fill the gap that was on the chart, so prices could try and rally again, although I do not see any clues...
Note that Monday is Presidents Day, and the markets will be closed, so there will be no mid-morning chart or YouTube lesson on Monday. I will see you on Tuesday. Have a...
Note that I had a typo in the mid-morning update on the resistance area on the daily chart. I had typed 6606.00, when the resistance area is actually 6106.00. I just wanted...
Prices are rallying this morning, and there is a spike and channel up that is still in play with no breaks yet. Note that the daily chart is not showing new highs,...